Homeowners lose $6.5 trillion in equity.

[gsvol]

Guest Post: $6.5 Trillion Lost, One House At A Time

Pat Newport, an analyst with IHS Global Insight says that home prices are dropping even faster than they did in 2010.

 

[BigPapaVol]

Implies that home valuations were valid, rather than the fictitious silliness that appraisers were pulling out of their arses because they have no sense.

 

[VolsNSkinsFan]

Implies that home valuations were valid, rather than the fictitious silliness that appraisers were pulling out of their arses because they have no sense.

unfortunately that mortgage note isnt fictitious

 

[BigPapaVol]

unfortunately that mortgage note isnt fictitious

but the note only set one side of the equation.

 

[gsvol]

 

[milohimself]

I don't see any big ears, flies or gold hammer and sickle chains in those pictures. Wth
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