housing market subprime: Spillover! Not it's even hitting Mexico! - 05/29/07 05:53 PM
Not long ago, experts and pundits were suggesting that the subprime meltdown was contained. It's now widely accepted that the subprime meltdown has reduced the number of qualified and/or potential buyers, which means fewer sales. While this isn't the sole cause of the stalled housing market, it's definitely a contributing factor.And … (0 comments)
housing market subprime: Slow Housing Recovery - 05/10/07 11:47 AM
It's nice to be validated. :)So right after I posted the last article about Housing Market Costs, I get this tidbit in my email from Mortgage News Daily:"According to many prominent economists, including former Fed. Chairman Alan Greenspan, the extraction of home equity wealth in recent years has propped up consumer … (1 comments)
housing market subprime: Housing Market Costs - 05/10/07 11:39 AM
Driving to the office this morning, I was listening to CNN in my beat-up Ford pickup equipped with Sirius satellite radio (gotta have some amenities, right?). The commentator was discussing today's news about April's disappointing consumer spending numbers, which were lower than expected...and the expectations weren't even that high.The commentator mentioned … (0 comments)
Business advice and useful information. Not always "on point" with mortgage lending or real estate...but that's BIG business, and knowing how to operate effectively is critical to success.
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Not long ago, experts and pundits were suggesting that the subprime meltdown was contained. It's now widely accepted that the subprime meltdown has reduced the number of qualified and/or potential buyers, which means fewer sales. While this isn't the sole cause of the stalled housing market, it's definitely a contributing factor.And … (0 comments)
