Archive for Christopher Westley

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Important Lessons to be Learned from the U.S. Housing Crisis

The National Association of Realtors estimated optimistically (have you ever known a pessimistic realtor?) that U.S.  housing prices will fall 16 percent in 2007 - their first overall decline in 40 years. Real estate investor Kenneth Heebner anticipates a 20 percent decline this year, due mostly to defaults in the “subprime” and “Alternative-A” mortgage markets. [...]

May 25th, 2007 | Christopher Westley | 0 comments | Continued
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