The Seeds are Sprouting for the Next Real Estate Bust
A recent Bloomberg article, “There’s Some Hope for First-Time Home Buyers” caught my attention. “First-time homebuyers are finally jumping into the U.S. property market. ….Originations of FHA-backed mortgages, used predominately by first-time buyers, were up 54 percent in September from a year earlier…. By December, the FHA insured 22 percent of all loan originations, up from 17 percent a year […]
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