Saturday, February 2, 2008

Housing Meltdown

Finally, the housing situation is sinking in...

Read that link.

Maybe? No maybes... Gonna happen, no matter what... only question is the time it takes to unfold.

25% nationwide, 40% to 50% declines in markets like South Florida.

The Fed's attempt to inflate is going to work alright - just not on real estate. It will work on commodities.

Yours for a better world.


Mentatt (at) yahoo.com

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