The Crisis of Credit Visualized – Part 2
The Short and Simple Story of the Credit Crisis.
The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated.
By Jonathan Jarvis. The Crisis of Credit Visualized
The Crisis of Credit Visualized – Part 1
The Short and Simple Story of the Credit Crisis.
The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated.
By Jonathan Jarvis. The Crisis of Credit Visualized
Foreclosure Tsunami. Proof of the Coming Real Estate Collapse.
Interview with foreclosure tracker Rick Sharga of RealtyTrac on whats the chance that what he calls a tsunami of missed mortgage payments will abate anytime soon.
Bulk of bank-owned homes aren’t even on the market yet “Banks to unleash flood of REOs” at Inman News looks at the effect of foreclosures on the housing market this year:
Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale — often in communities already awash in distressed properties…. Read the rest »