Jeffrey D. Fisher: Director, Benecki Center for Real Estate Studies; Charles H. and Barbara F. Dunn Professor of Finance and Real Estate, Kelley School of Business, Indiana University Bloomington
...the housing industry has taken the blunt of the blame for the financial crisis and the current economic recession. Certainly, the unprecedented growth of subprime mortgages made to people who really couldn’t aff ord a home was a major cause of the problems. It is questionable, at best, whether or not these mortgages were sound loans even when home prices were rising...
Read more and get the PDF here (housing market outlook 2009).
Educated Buyers are our best asset at THP.
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