Random Feed wrote an interesting post today on
Here’s a quick excerpt
Investors Are Back in Full Force – John Burns Real Estate Consulting - U.S. Building Market Intelligence™ ———— good read – What’s a Home Worth These Days? – Bruce Krasting – This is a vexing question for millions of Americans … So what is residential real estate worth today? The answer to that question is, “About 15 times the annual rent”. … – Bruce Krasting Blog ———— Genworth, Radian see mortgage insurance revival – Reuters ————

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Random Feed wrote an interesting post today on
Here’s a quick excerpt
This article tentatively accepts the proposition that the default of sub prime mortgages and the subsequent decline of housing prices have been the cause of critical problems in the banking system and collapse of credit markets world wide. Letís do some housing math. Last fall there were about one million delinquent mortgages. Let us presume the current figure is now fifty percent worse ñ i.e. one point five million homes. Assume that the average delinquent loan has a face value of about $

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