The Big Players - Tell The Truth - Risky Real Estate

Countrywide Mortgage CEO Angelo Mozilo believes that the "housing market officially turned south in January," according to Banc Investment Daily, and that some overheated markets may see prices plunge by up to 40 percent. Mozilo mentioned Las Vegas as one of those risky markets.
PLUSThe Associated Press reported .... “The five-year housing boom is indeed over, judging from growing statistical evidence and the performance of some of the nation’s leading builders, and the slowdown is already rippling through the economy. Explanations for the recent cooling-off vary.”Please be sure to visit our Del Mar Encinitas real estate site. Also, a new site we are developing is: San Diego dentist Be sure to have a look.