Reactions to story from Bay Area Housing Review - Greg Fielding - Truth in Real Estate
Bay Area Price Charts, National Non-Prime Loan Map, and is Gas to blame?
http://bayareahousingreview.com/ 2008/ 05/ 16/ bay-area-price-charts-national-non-pr...
Kudos to the people at East Bay Housing Bubble for putting this chart together. To see more and join in their discussion, click HERE The Federal Reserve Bank of New York developed an incredible interactive map that shows the prevalence and performance of non-prime loans throughout the country. You can sort by subprime or by alt-a loans. Some of the results are pretty incredible. In California, for example, 38.2% of all loans are subprime and 48.3% are alt-a…meaning that a whopping 86.5% of all outstanding loans at NOT PRIME! Finally, The Wall Street Journal reports As Gas Prices Spike, Suburban Home Prices Fall Rising gasoline prices have affected much of American life –- from the cars we drive to the vacations we take.
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