Nationwide, one out of every four sales between January and March was a distressed sale, and that figure jumps to more than 50 percent in the hardest-hit areas like Las Vegas, Detroit and distant suburbs of Los Angeles, according to Moody’s Economy.com.
As foreclosed properties pile up, they add to the inventory of homes on the market and drag down home prices. The trend is most dramatic in many parts of California, Florida, Nevada and Arizona, where prices are now falling precipitously. San Diego California hotels
Lenin was (sort of) right! He just didn’t know why. The inherent contradictions in a capitalist society will destroy capitalism as you know it! The oppression and greed of banks will lead to massive dislocations in the economy that will force true economic and social revolution in this country through legalized institutions.
San Diego Realtor
People want MORE than what they can afford. If they did not, there would be no such thing as a credit card or a mortgage to begin with. If you want to be 100% honest, the only people that can “AFFORD” to purchase a home are the ones that can pay cash. EVERYONE ELSE…LITERALLY EVERYONE ELSE is at risk of borrowing money and not being able to pay it back. They could lose their job. They could die. Anything could happen.
San Diego Dental Care
http://www.san-francisco-oakland-bay-area-lawyers-attorneys-directory.com/san_francisco_oakland_bay_area-legal-services.htm