That was the cover story for the renowned The Economist magazine last week (March 24-30th issue).  The Economist is my favorite magazine and always offers expert, measured opinion on all matters around the world.  The enormity of the American mortgage market crisis is revealed by its taking of the cover of such a magazine.

In there article they cite a few statistics that I wanted to share with you that caught my eye.  I particularly wanted to share these with the fine folks at Active Rain who stopped by my blog and told me that their market areas currently presented an excellent time to purchase a home.

Read the rest here.

 
Posted by Morgan Brown on 04/02/2007 12:00 AM   Comments (0)  
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Morgan Brown

Laguna Beach, CA

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