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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (5260)9/12/2002 4:04:24 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
>>If thats the case I would attest that the increase in foreclosures is less economic than the WSJ implies. Maybe more aggressive mktg on the part some lenders = more foreclosures, regardless of the economic climate. <<

it's both.

you have aggressive lending/high real estate prices in a faltering economy.

that is a recipe for defaults.