MariansMusings Wrote:
Jan 22, 2013 9:12 AM
Most of the screwy real estate loans and pathological one-upmanship on who can make the worst investments while flipping property originate in California. Then Californians spread out (metastasize) and take the seeds of market destruction to the rest of the country. According to "Tierra Grande", the real estate research center at Texas A & M, California currently has 536,948 homes with delinquent loans heading for foreclosure while Texas has 195,491. Unlike Californians, we Texan's do learn a little something from past experiences. MusingsbyMarian dot com