Thursday, August 14, 2008

US Housing Bubble

The United States housing bubble is an economic bubble in many parts of the U.S. housing market including areas of California, Florida, New York, Michigan, the BosWash megalopolis, and the Southwest markets. On a national level, housing prices peaked in early 2005, began declining in 2006 and have not yet bottomed. Increased foreclosure rates in 2006–2007 by U.S. homeowners led to a crisis in August 2007 for the subprime, Alt-A, CDO, CDX, mortgage, credit, hedge fund, and foreign bank markets.The U.S. Treasury Secretary called the bursting housing bubble "the most significant risk to our economy."

With that Crisis still looming over us its hard to trust anyone when money is at stake.
I highly recommend anyone who is going to have a monetary transaction with anyone to use the following link.

www.courtrecords.org