Poor me

Conference Calls Show Regional Banks Squeezing Homebuilders

In the past ten years the value of a home grew way beyond what should have been a rational increase, a bubble. It has finally popped. Maybe the price of a home, and its growth will be more realistic for a while. When a small 50 year old outdated home needing TLC can go from $40,000 to $85,000 in ten years, well, something isn't quite right.