Posterous

March 12, 2010

Round 2! Foreclosures expected to increase. Expect negative impact on housing market.

The recent positive housing market news is temporary. Banks have been
sitting on inventory and stalling foreclosures but the game plan is coming
to an end. Expect inventory levels to increase and price to go down. We
are in for a bumpy ride. Read the Washington Post's article on the subject

http://www.washingtonpost.com/wp-dyn/content/article/2010/03/11/AR2010031104
866.html