yahoo real estate news feed
Posted on Saturday, May 26, 2007 in Real Estate
Don’t hold your breath on a “recovery”…?
http://news.yahoo.com/s/nm/20071007/us_nm/detroit_housing_dc;_ylt=AikLbrC9Mvs61IJuOxxObHFH2ocA
As we are a nation in decline, there may be some expectation that we will come out of this.
This feeding frenzy market of the past several years was based on getting people who NEVER should have even gotten the credit to get a home from the set-up of banks, real-estate agents, escrow companies…who very much needed to keep that snout in the cash trough…and the “flippers” who drove the prices to astronomical levels. They say you “get” what you deserve…
We’ll guess what…it’s time for a career move. It’s game-over.
Thank you for the recap of old news.
Port Jefferson Village
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