homesellers
Real Estate: Subprime Meltdown - CAP's Jakabovics on CNN
By Guest - Posted on November 9th, 2007
Tagged: current market
• foreclosure
• foreclosure
• homesellers
• interest rates
• interest rates
• outrageous prices
Cheaprealty presents:
Victim's of a widespread foreclosure pattern?
Only because buyers borrowed more than they could afford to buy houses that were priced crazily as well. Aren't the homesellers as responsible for charging the outrageous prices in the first place. In the case of big builders, as current market activity shows, these same builders are now selling inventory at much lower prices than last year.
This is a bail out for bankers in over there heads - that is oh so true.
But a 100 billion for banks?
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