"As more and more Americans face mortgage foreclosure, banks' crucial ownership documents for the properties are often unclear and are sometimes even bogus, a condition that's causing lawsuits and hampering an already weak housing market. Scott Pelley reports."
60 Minutes posted a video on the next housing shock. In my thirty years of real estate, I have noticed one constant: real estate is driven by employment figures. When people feel good about their jobs, they want to buy real estate. Here is the latest from the LA Times.-Jim
__________
Click here to watch "The Next Housing Shock" at its original source, CBSNews.com.
.jpg)
0 comments:
Post a Comment