This house in a gated area 3000sgft feet, custom built 1989 was listed for $399, 500 in 2009 it just sold for $150,000 cash. Again no-one could get a home loan.....
There are 1000's apoun 1000's of foreclosed homes for sale that can't be sold because of Obummer, so now the idiot wants to rent them all out? This guy is clueless, BofA is set to layoff 10,000 people. Obama is without a doubt the biggest mistake ever in the history of the US. The stimulus Bill, billions down the tubes. Cash for clunkers destroyed the used car market. Used cars made some 85% of the auto parts market. The man wasted $4 trillion dollars on what? Obama-care the last nail in the coffin. Pull all the troops out of Irag, Iran loves that one. He blames everything on Bush, hello it was Clinton who destroyed the country. Now Obummer just signed a bill giving amnesty to illegals? Welcome to the democratic state of Northern Mexico.
Anyone who votes democrat you deserve what you get.
Where are those homes located? What state and town? Just curious to know.
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1967 Marlboro Maroon 4spd Coupe 1973 Dark Blue 4spd Coupe w/air, original 25,000 miles 1999 Black C-5 Hatchback Coupe 6spd LS1 1934 Ford 3 Window Coupe eng. code "ZZZ" 350-345hp Chevy Powered! 1970 Black on Black Monte Carlo(FOR SALE)Asking $18k
I think things are worse than they look .My youngest son works (drives) for a major trucking company .The New England fleet has 50% of the riggs parked .That means a major slow down .
On the commercial loan market things are as bad as residential .I understand some of whats happening as I was involved in banking during 2000-2007 and the problem has always been with the federal Govt.