Hi kingyUSA housingNew foreclosures rise 21% from the previous...

  1. kingpins
    25,585 Posts.
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    22/12/11
    08:06
    Post #: 9474584
    Hi kingy

    USA housing

    New foreclosures rise 21% from the previous quarter

    --High level of foreclosures likely to continue at elevated level, official says

    --Number of completed foreclosures expected to rise, official says


    http://www.marketwatch.com/story/new-foreclosures-jump-in-q3-2011-12-21?dist=countdown

    This confirms my original report that the housing industry in the USA will not bottom until 2013

    Yes Australia is different to the USA but when we are in a boat with a big elephant, whatever it does will effect the stability of the boat
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