Subprime Mortgage Fallout Worse than Terrorism

The subprime mortgage market is #1 concern for America

In these times it’s easy to see that economics is now one of the main driving factors in the security of the American people. And with the subprime mortgage market in turmoil, Realty Times reports that the mortgage market is more of a concern than terrorism:

"The combined threat of subprime loan defaults and excessive
indebtedness has supplanted terrorism and the Middle East as the
biggest short-term threat to the U.S. economy," according to the NABE’s
Economic Policy Survey, a consensus of 258 NABE members, largely
business economics professionals.


Fortunately, the Sedona real estate market has remained fairly stable, with home prices holding their own, especially in Sedona luxury real estate.

For more on Sedona real estate, contact Claudia Ault.


You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

AddThis Social Bookmark Button

Comments are closed.