Great video that more or less details what is happening next for housing.
This is in perfect alignment with everything we have been predicting for nearly 2 years. HREU students, nothing in this video should be a surprise for you…we have been preparing you for this late 2010..into 2011 slow down. Now, stay focused and apply what you are learning.
Summary of this video:
* Slowest summer selling season…ever.
* Some bail out money for jobless homeowners.
* Competition for bank controlled…government backed…housing is killing new construction. (Agents, we all work for the banks and the government now)
* Housing will be underwater for year….24% of all homeowners underwater and there is every reason to believe that will only worsen.
Prediction: there will be a national underwater homeowner negative equity wipe out program in acted within the next 24 months…or sooner.
is anybody thinking i told u so the government planning needs some intelligence baddddddlllyy