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Why the U.S. housing market is “home sweet home”

Posted on 22 January 2013

It was extremely difficult times for homeowners following the subprime mortgage implosion that helped to drag down the global economy in 2008. I recall how easy it was to get a mortgage without even having to provide an income or work history to the lenders. When an entry-level worker at McDonalds Corporation can get a mortgage with no questions asked, you have to wonder how long it might be before a housing bubble surfaces.
Luckily, after several years of the housing market being dragged through the mud, the current situation has vastly improved to the point where housing stocks are hot………………………………………..Full Article: Source


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This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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