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Fitch Warns Of Housing Bubble, Says Houses Overvalued


               
2014 Mar 12, 5:35am   11,266 views  26 comments

by jojo   follow (2)  

http://www.zerohedge.com/news/2013-11-06/fitch-warns-housing-bubble-says-unsustainable-jump-leaves-home-prices-17-overvalued

Since the peak in early 2007, risk has been declining for newly originated loans as the bubble unwound and prices reverted towards historic averages. On the back of the abrupt price rises across the country and interest rate rises which are expected to limit prepayment speeds for the next several years, the NRI has now increased.

#housing

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1   ttsmyf   @   2014 Mar 12, 7:31am  

Here's my latest, for 2013 Q4. A 20% drop ...
http://www.showrealhist.com/RD_RJShomes_PSav.html

2   Smallblock57   @   2014 Mar 12, 8:30am  

APOCALYPSEFUCKisShostikovitch says

Fitch?

There's irony - and then there's hannibal lector shouting down jeffry dahmer for bad table manners.

LOL!!

3   Zakrajshek   @   2014 Mar 14, 12:46am  

Humans, supposedly the smartest animal, are the only species that I know of who must pay rent or purchase land on which to live. For most if not all people, they will pay someone for every night they sleep on this earth. And if you don't or can't, you are scorned and considered a bum, homeless, a hobo. Yet the earth was given to us all, for free, like the air and water. It would be funny if it wasn't such a total rip-off. How'd that middleman get in there? Oh, they always seem to find a way to fleece people for anything they need. The whole rent or own land thing is nothing but another scam, and it maybe the biggest scam of all.

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