Own Real Estate Right - Blog - Don't Kill the Messenger

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Don't Kill the Messenger

Tue, February 23, 2010 at 2:48 PM

Heartened by the recent rise in home prices? Don't get too comfortable. Standard & Poor's, the credit-rating agency that tells investors what mortgage-backed securities are worth, reports that the increase was just an illusion. It predicts the nation is about to see a deluge of new foreclosures that will drive real estate values back down. There are some REALLY interesting charts/graphs included. Good Read!

See the rest here.

Jana |

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