http://www.biggerpockets.com/renewsblog/2009/09/02/high-unemployment-rising-foreclosures-rates-homes-sales-increasing/ Learn, Network, Invest Sun, 12 Feb 2012 02:59:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.biggerpockets.com/renewsblog/2009/09/02/high-unemployment-rising-foreclosures-rates-homes-sales-increasing/#comment-69043 Bridget Magnus » Mortgage Crisis Isn’t Over Yet Fri, 04 Sep 2009 05:26:08 +0000 http://www.biggerpockets.com/renewsblog/?p=6682#comment-69043 [...] mortgage crisis won’t be over until the unemployment problem, job creation problem, and wages-not-keeping-up-with-inflation problems are solved. And until the [...] [...] mortgage crisis won’t be over until the unemployment problem, job creation problem, and wages-not-keeping-up-with-inflation problems are solved. And until the [...]

]]> http://www.biggerpockets.com/renewsblog/2009/09/02/high-unemployment-rising-foreclosures-rates-homes-sales-increasing/#comment-68829 BB Wed, 02 Sep 2009 19:05:11 +0000 http://www.biggerpockets.com/renewsblog/?p=6682#comment-68829 In California, we are seeing a lot of speculative investors. They are not buying houses to live, but either to flip or rent. All these investors along with first time buyers and banks pricing properties very reasonable are causing huge bidding wars on the low end properties... In California, we are seeing a lot of speculative investors. They are not buying houses to live, but either to flip or rent. All these investors along with first time buyers and banks pricing properties very reasonable are causing huge bidding wars on the low end properties…

]]>