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here in stamford ct(tdays local paper) foreclosures higher than ever & rising.not counting unadvertised short sales.this is lower fairfield county.one of the wealthiest.a first time homebuyer with cash is in the drivers seat until they lose their job.i cant prove it but i guess unemployment has got to be aroung 11-12%.i never believe this govt. about anything.those that dont have cash or a healthy down payment may find getting a mortgage difficult.
Oct 26 11:44 am
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All Comments by notsosmart »John Berry: Homebuying Binge on East Coast, Too [View article]