Soros says inflation and higher rates are coming . . .

who are you listening to? George Soros one of the most successful investors in the world, and President Obama have both said publicly that higher interest rates are coming. Only Realtors, Financial Advisors, and other thieves and liars say that it's not happening. Write this down, 12-15% mortgage interest rates by the end of 2011!

http://finance.yahoo.com/news/Soros-predicts-stopgo-economy-rb-3788173021.html?x=0&sec=topStories&pos=4&asset=&ccode=
-Smashedfeet.com

High end, get ready your turn is next . . .

Click on article title or cut and paste link below to see new article discussing where the high end markets are headed.

As the low and mid range markets continue their respective corrections, the high end is just now getting into gear. In some higher end markets we have seen prices drop 25% or more just in the last month as lenders have apparently raised all the capital necessary to meet federal requirements and are poised to begin dumping higher end assets. (Gee, I wonder who shared with clients that once mark to market was suspended so that capital could be raised based on totally fraudulent balance sheets, we would then see lenders dump assets thereby driving down their own share values as well as real estate values?!? What would have happened if some of this newly raised capital was used to short the very financial institutions that are now dumping assets? hmmmmm)

Commercial real estate values are just starting what will prove to be a 50-60%+ correction from the peak. Residential markets will most likely approach a bottom between late 2014 and mid 2015. Commercial markets on the other hand are more likely to bottom closer to 2018.



http://finance.yahoo.com/tech-ticker/article/271957/Next-Segment-of-the-Housing-Market-to-Crash-1-Million-McMansions?tickers=dia,spy,hd,len,kbh&sec=topStories&pos=7&asset=&ccode=

-smashedfeet.com