Just when you start feeling good about the state of the economy, just when you start hearing about property values inching back up, just when you start hearing about job losses going down just when Christmas is looming,up pops an article that reminds you that all is not well in the U.S.A. - Today!
No one has really said much about the effect of the commercial market and how interest rate adjustments and loans coming to term are going to smack the taste out of the countries' developers starting in 2010; and
The LA Times has released an article on the next wave of residential tragedies. Read the complete article here:
http://www.latimes.com/business/la-fi-foreclosures18-2009dec18,0,3770149.story
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