Talk of The Villages Florida - View Single Post - The U.S. Housing Crisis: Where are home loans underwater?
Thread: The U.S. Housing Crisis: Where are home loans underwater?
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Old 09-01-2013, 08:09 AM
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Bay Kid Bay Kid is offline
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I have been in the real estate business on the Chesapeake Bay for 38 years. This has been the worst I have ever seen. So many bank owned properties. This hardly ever happened until 3-4 years ago. Why would banks loan money to people that they know couldn't pay? On the good side sales are up and prices are level.