Wednesday, October 8, 2014

Housing Prices to Drop, and Americans Choose to be Nomads

While the housing market appears to be improving along with the overall American economy, RUIN (Realty Universal Insolvency Network), a Washington think tank, announced that home prices are set to tumble next year.  With the Federal Reserve due to raise interest rates, and the ensuing bursting of the stock market bubble there is sure to be a collapse in the "frothy" real estate market. Upon hearing this news scores of would-be homeowners as well as current owners of condos, townhouses, and stand alone homes have opted for a nomadic lifestyle.