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The housing crash is still in process and here are 10 reasons why it is still a terrible time to buy. Words: 1670
Read More »U.S. Mortgage Crisis to get MUCH Worse in 2011 (+2K Views)
The so-called U.S. news outlets are again talking about a “bottom” in the U.S. housing market – and trying to entice more victims to jump in. However, the reality is that mortgage statistics show that the collapse in the U.S. real estate market will continue to get worse until at least 2011. Words: 492
Read More »Why Coming Option ARM Crisis Will Send Gold Higher – Much Higher! (+2K Views)
Just as 2007 and 2008 were the years of subprime woes, 2010 will go down as the year of Option Adjustable rate Mortgage (ARM) resets. This crisis is about to unleash a fury no one's prepared for. It won't be as bad as subprime, of course — it'll be worse. Words: 557
Read More »House Prices to Decline Further With Forthcoming Dramatic Increase in Foreclosures
If you think home prices have hit bottom and are now headed back up for good, think again! Round two is about to begin. Words: 552
Read More »Coming Commercial Real Estate Loan Failures To Have Devastating Effect on American Economy
Just when popular media suggests that the economy is back off the ropes, the Congressional Oversight Panel, which is charged with monitoring the banking system bailout, is warning that the economy could be headed into round two of the worst downturn since the Great Depression. Words: 734
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