it's getting worse in states
Добавлено: 16 июл 2006, 10:53
Inventories are rising rapidly, sales are slowing 20-40% in many areas, foreclosures are up, and guess what, we still have a LONG way to go. Remember those 2+ trillion dollars of ARMs (adjustable rate mortgages) that are going to adjust in 2006 and 2007?!?!? Well, about 500 billion of that is supposed to adjust in 2006, and the remaining 1.5 trillion or so in 2007.