When Will Home Values ‘Recover’?…Will Home Values Ever Recover? (Video)
Worth watching Wall Street Journal interview with well respected Real Estate expert John L. Burns.
Mr. Burns reinforces much of what HREU is predicting for the 2010-2011 housing markets.
For example:
1) FHA is the new ’sub-prime’
2) Without continued government intervention the real estate markets will tank.
3) There will be a ‘W’ shaped recovery…and we are in the first stage of the ‘W’….headed up.
NOTE: Watch the CNBC Video we posted yesterday that revealed many simply stunning housing facts…the number of borrowers in foreclosure or headed that direction is staggering. Here is a quick link to that video…check it out after you have seen this one.
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