Study Says 2.2 Million Borrowers Face Foreclosure on Subprime Loans
2007 April 30
A new study by an industry watch group claims that 2.2 million American households will lose their homes and as much as $164 billion due to foreclosures in the subprime mortgage market. The group goes on to claim that one in every five subprime loans outstanding will result in a foreclosure. Considering buying or selling San Diego real estate, Bob Schwartz, certified residential real estate broker can insure that you get the best possible deal! [tags] foreclosures, home foreclosures, housing market, San Diego real estate agent, mortgage loans, home loans, real estate market [/tags]
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Shorts sales and foreclosures are out of control with the market in a correction mode and moving down.This is good for buyers right now. The sellers had it their way for a few years and now the buyers are in the drivers seat. liposuction San Diego
The market came to quite a slow down with prices coming down. Prices still significantly low and buyer’s should jump into the market while rates are still very low as well. San Diego cosmetic dentist