What is significantly wrong with the housing market is that too many lenders give people loans with bad credit--it's a dangerous incentive to the subprime mortgaging meltdown.
Always remember to work for enough money to own an appropriately affordable house!
In my area, there is a lot of development, and for the residential parts, I don't see the new houses being built panning out with the banks. It's such a waste of time, energy and land.
Great Falls, VA
Nov 15 2007 - 12:24am