What Housing Bust?

Updated 3 months, 3 weeks ago

Source: http://www.noradarealestate.com/

During the past three years, home prices grew in the beer-guzzling heartland and fell in the wine-sipping coastal states. If you're a beef-eating, beer-guzzling, pick-up driving resident of heartland America, there's a good chance you escaped the housing bust. But pesto-chomping, chardonnay-sipping, hybrid-driving city-slickers were probably out of luck.

Thanks for reading What Housing Bust? by Marco Santarelli.

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3 months, 3 weeks ago by uberVU - social comments on Wordpress

Very informative and well laid out article. You brought up the point “…many homebuyers struggled to afford homes when prices were experiencing double-digit growth. As a result, they tapped exotic mortgage products — sub-prime hybrid ARMs, interest-only loans, option ARMs — to get in the door”. This demonstrates the issue of people living out of their means and getting in financial ... See all content

4 months ago by Bryan Batson on Wordpress

[...] Real Estate argues against the idea of a nationwide “housing bust,” stating that only certain areas were severely impacted. Among them “bubble states” like Florida and California have been experiencing [...]

4 months, 2 weeks ago by Real Estate Investing Links for November 3, 2009 on Wordpress

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