Sunday , 21 July 2024

Tag Archives: underwater mortgages

Forecast for House Prices is Horrific! Here’s Why (+2K Views)

As bad as the housing crisis has been over the past three years, it has only been a warm up to what we have headed our way... [In fact,] the forecast is horrific, to say the least!28% of US homeowners already owe more on their mortgage than their home is worth [and]... 27% of American homeowners are considering walking away from their mortgage...This is going to significantly drive home prices further down. [Let's look at the details.] Words: 657

Read More »