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Old 05-05-2012, 02:53 PM   #1
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US Housing Market Summary

Below is an informative summary of the US housing market.

Here is the source. The author of the article states that the numbers are likely to be off a little bit; but contains still useful information.
http://www.calculatedriskblog.com/20...t-summary.html

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Old 05-05-2012, 03:31 PM   #2
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Those are ugly numbers. That so many folks were able to buy properties with nothing, or v ery little down is a failure of epic p[roportions. When my step-monster married my mom, he had been saving for ten years to put money down on a home. He had skin in the game, and he was not about to lose his DP. These days, FHA loans can be had for 3 percent down. I could go and buy a 30 million dollar property theoretically.

How stupid is that?
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