Question: In your opinion, which of the following is indicative of a “great housing market”
a. Highest number of sales in a decade, lowest number of defaults in a decade
b. Lowest number of sales in decade, lowest number of defaults in a decade
c. Lowest number of sales in a decade, highest number of defaults in a decade.
If your answer is c, then yes the current housing market is “great”
Facts substantiated below …
“The number of default notices sent to California homeowners last quarter increased to its highest level in almost ten years…” http://www.dqnews.com/RRFor0407.shtm
