Real Estate

[description]No More Mortgage on Real Estate[/description]
[keywords]No More Mortgage[/keywords]

NO MORE Mortgage has found a very interesting article about today’s housing market. The last line is very telling.
If the main prediction comes true (see paragraph 3) then there can be no economic recovery until this issue is fixed, and/or the bubble completely bursts.
Right now the markets believe we have “dodged the bullet” but [...]

NO MORE Mortgage is happy to see the latest home price statistics, but we are cautious that a final bottom has been set. One month does not make a trend. We continue to believe that the current rally, both in home prices and in the stock market, will be tested this fall, and [...]