Bob K.

Foreclosures: Coming Soon to a Neighborhood Near You

I encourage User 139993 to go to MR. Shedlock's web site. He has been writing on this subject for years. I had to laugh because in 2005 he was viewed as a crank and a gloom and doomer for predicting something so outlandish as a housing bubble. Regarding this post, he simply making the point that this is going to take much longer than the concensus and to orient your investing on this premise.