'experts claim that there is a new wave of defaults on the horizon'

experts claim that there is a new wave of defaults on the horizon

11/29/09 17:13

After the housing downturn began, just about four years or so, prices over in the San Diego County, as well as in much of the rest of the country, are all beginning to inch up once more. Locally, it may seem as though there are fewer foreclosures than there were in the last year, at least.

Don't bet that we are hitting rock bottom in the housing market just yet. Because towards the nation's banks, many a billion had been distributed in an attempt to help stabilize the economic situation.

Link: New wave of defaults on horizon, experts say - Newslett

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