Pages

Wednesday, January 21, 2009

I Hope You Didn't Plan On Flipping That House Anytime Soon

At least, not flipping it for a profit. Because next year, its value might be around 45% of what it was a year ago. From Naked Capitalism

Little wonder then, that 1/2 the homes sold in California right now are being sold through bankruptcy proceedings.

No comments:

Post a Comment

I will review your comments prior to publishing them. Almost all comments are approved and published within a day or two. When you post a comment, Please bear in mind that you are addressing me personally. To be clear: I generally prefer clarity to agreement. Make your point, but be nice about it and don't annoy me, and you will likely see your comments published here.

Comment Moderation Statement