Feb 26 2008

Real Estate Market Deterioration – Spreading the Infection

Merrill Lynch is
forecasting home prices will fall by 15% in 2008 and another 10% in 2009, an outlook that will likely continue to fuel high foreclosure rates. 
Several states recorded
massive jumps in foreclosure activity in the last twelve months. In Rhode Island filings rose 279%; in Maryland they spiked 430%; and in Virginia they [...]

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About Jason Cyr

Jason Cyr (Jcyreus) is an independent blogger and sole proprietor of Jcyreus dot com. Everything here is his personal opinion and is not read or approved before it is posted. No warranties or other guarantees will be offered as to the quality of the opinions or anything else offered here.

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