flooding of the mississippi river: "UNDER WATER"??? WHO'S UNDER WATER?? WHAT'S UNDER WATER?? - 05/11/11 02:10 AM
"UNDER WATER"???    WHO'S UNDER WATER??  WHAT'S UNDER WATER??
                           * * * * WARNING!  HARD CORE REAL ESTATE TALK * * * *
WHO IS UNDER WATER?A huge percentage of the American Consumers.
HOME OWNERS ARE UNDER WATER.  25% - 33% of all home owners in the United States of America.  Beginning in about 2006, we in the real estate industry began to see a shift.HOME PRICES SKYROCKETED.  Fueled by lower than ever interest rates and less than intelligent mortgage instruments, home prices had reached a point where the average prospective home buyer could no longer qualify to buy the average home price in their … (88 comments)

 


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