Foreclosures are still on the rise and continue to break inventory records. The state I live in (California) has been especially hit hard and is still taking major hits every month.
According to CNN.Money:
In some areas virtually all sales are REOs. Four out of every five listings in Stockton, Calif. for instance are foreclosures.
“The traditional market [...]
Monday we were down. Tuesday we were up. Wednesday seems to be pointing down. The market futures look like this right now:
Dow
-131.00
-1.55%
8,301.00
NASDAQ
-21.00
-1.85%
1,112.00
S&P
-14.90
-1.76%
834.10
I am surprised there isn’t follow through from yesterday considering the last hour surge. The only thing consistent is the volatility.
I know we are not at the market bottom yet, but there are [...]
Recent Comments