Foreclosure Overhang ... More Like Foreclosure Hangover - 10/27/11 08:25 AM
Foreclosure Overhang ... More Like Foreclosure Hangover
In a Wall Street Journal opinion piece discussing Mitt Romney speaking on the truth about housing and foreclosures the author discusses his recent pronouncements in Nevada, including:
"One is, don't try and stop the foreclosure process. Let it run its course and hit the bottom. Allow investors to buy homes, put renters in them, fix the homes up. Let it turn around and come back up. The Obama Administration has slow-walked the foreclosure processes that have long existed, and as a result we still have a foreclosure overhang."
While it is an unpopular opinion, letting foreclosures happen and … (22 comments)

 
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Stephen Howell

Selling Annapolis MD Luxury and Waterfront Homes

Annapolis, MD

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Coldwell Banker Residential Brokerage

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