Rate of LA/OC home-price losses slowing - Lansner on Real Estate …
Written by on March 31st, 2009The income argument has never held true, the income argument will never become true. And while you wish it to be true, inventory sinks, rates drop and sales increase month after month. Dealtracker Says: …. This will end when the gov’t and banks get tired of issuing foreclosure moratoriums, and when Option-Arm resets kick in (remember, many recent buyers in Cali are paying less than the interest only so in effect, their mortgage is GROWING), it will cause another tsunami …
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Rate of LA/OC home-price losses slowing - Lansner on Real Estate …
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