why do statistics only count foreclosures when people are losing homes, when short sales are the same thing?
just me asked:
I feel that the true statistics of people who are actually being displaced from their homes are not being honest as a short sale is a home you are losing.
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I feel that the true statistics of people who are actually being displaced from their homes are not being honest as a short sale is a home you are losing.
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November 8th, 2009 at 5:15 am
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Because those are the only ones people care about.
Would you watch a new program all about a bunch of happy smiling yuppies buying up cheap homes in Stockton California ? Or a New sotry about Happy Smiling meth-lab brewing rednecks buying up land in Mississippi ? No you know why? because no one really cares until the meth lab blows up or the yuppies lose it all.
November 10th, 2009 at 12:01 pm
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Okay. So add them together. So what? A lot of people are paying the price of bad investment decisions no matter how you measure it.