No real surprise that the foreclosures are starting to have a larger impact on the higher-end housing market. If you had money in savings, investment accounts (or any other vehicle), and access to credit, you have had an opportunity to throw good money after bad. Unfortunately, even for those who have money, there's only so long you can do so waiting for the economy to turn.
Aug 30, 2010
Foreclosures and the Higher-End Housing Market
No real surprise that the foreclosures are starting to have a larger impact on the higher-end housing market. If you had money in savings, investment accounts (or any other vehicle), and access to credit, you have had an opportunity to throw good money after bad. Unfortunately, even for those who have money, there's only so long you can do so waiting for the economy to turn.
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