Listen Up Class, We Have More On Housing And It’s ‘Worth’ Your Attention, Pun Intended
thestatedtruth.com | January 28, 2012
According to Freddie Mac, while the value of all housing is down 30%, and home equity is down 55%, we see that mortgage debt owed is only down a minestrone 3%. Bottom line, the U.S. housing market is back to the Armageddon high debt-to-equity ratio that was only ever seen during the Q1 2009 economic wipe out, and even worse, we […]