Currency Market Predicts Bailout Is the End of the Credit and Housing Crunch [View article]
The reason the 'demand for housing' is on the sideline is simple. Joe Sixpack can not qualify for a fully amortized loan payment - he never could. You can not give him a 100% loan - he does not have the money skill set to handle home ownership.
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Latest | Highest ratedNew Home Prices vs. Median Income Chart [View article]
How does this play into your predictions about the Sacramento housing market bottoming about 6 months ago? Are you still in denial?
Consumers Spending Less Than Justified by Actual Income [View article]
Currency Market Predicts Bailout Is the End of the Credit and Housing Crunch [View article]
Joe Sixpack can not qualify for a fully amortized loan payment - he never could. You can not give him a 100% loan - he does not have the money skill set to handle home ownership.