real-estate-crash-on-the-way

Boomers have a lot of equity riding on a healthy real estate market. While real estate has been touted as ‘the comeback kid’, the fact remains that without the Fed printing $85 billion a month to buy mortgage backed securities, this market would have remained deader than a door nail these past two years.

Despite continued Fed attempts to hammer interest rates into the ground, government long bond rates have actually doubled since May, sending housing sales into the dumper.

If you’ve been waiting for the perfect time to sell your home, you missed out, as that boat has already sailed.

 

 

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Strategic Default vs. Mortgage Morality

 

 

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