Housing Bubble drags on and on for Las Vegas Real Estate Market and SUBPRIME loans seem to be getting issued despite many claiming “it is different now” while the subprime buyers are walking away on day 1. A quick trip around the foreclosures and pre foreclosures on Zillow will tell you that people are walking as fast as they walk in and SUBPRIME is BACK! The financial guru's in their polo shirts are wrong yet again, the lending standards are not tightened up.
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"I Can Feel it Coming" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License
I AM NOT A FINANCIAL ADVISOR, Analysis is for entertainment purposes only. Please consult a team of financial advisors consisting of real estate professionals, lawyers, Financial Planners, and CPA’s before undertaking any financial risk.
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