Many in America right now would not deny that the housing market has taken a sharp turn from the glory days in 2002-2005. Looking back at the rapid inflation of home prices in such a short period of time, it’s not rocket science to see that this price jump was not based on solid financial fundamentals, but rather by a false sense of demand, low interest rates, toxic mortgage plans, and willing lenders giving loans to risky customers.
Many of you are asking now, well what does this have to do with Wickenburg and my home? The answer is not for the …
Continue reading “Housing Panic Comes to Wickenburg!“
Recent Comments