Investors Like Housing Price Rally - Even Goldman Betting on Subprime

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Posted To: Pipeline Press

"If I could rearrange the alphabet, you and I would be together." Before you roll your eyes at that one, a buddy of mine said that to a gal at a bar twelve years ago and they've been married for the last nine. Strange things do happen. (On the other hand, another acquaintance told his soon-to-be ex-girlfriend, "My phone never rings and it's always you.") Lenders and Realtors know that relationships can sometimes complicate things, and the Census Bureau tells us that about 18% of people 18 and older lived in someone else's household , up from 16% in 2007, prior to the start of the economic recession. Specifically, 41 million adults in 2011 lived in a household in which they were neither the householder, the householder's spouse, nor the householder's cohabiting partner. Between 2010 and 2011...(read more)

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Source: www.mortgagenewsdaily.com

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