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Home Foreclosures are Surging. Repeat of 2008 Mortgage Bust Coming? | Nick Gerli & Amy Nixon

Wealthion - Be Financially Resilient

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The Frozen Concept of the Housing Market

The housing market feels frozen right now. In this icy water, it's clean to this door of low inventory. And you've got all these bullish real estate people sitting on top of the door believing that this is going to be enough to pull through. But all of us watching the movie know that it's six. He dies in the end, drown. Housing market's going down. Whether or not we're going to be able to whistle in the Fed and they'll come in with their lifeboats and bail out these real estate investors so that their investments can go on and on.

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