Housing Bubble II - One possible future.

[Ken DiPietro]

To all,

I present this information in hopes that many of you who are more seasoned in this field will be able to shed some additional light or perhaps some balance to this author's opinion.

Over the last several months I have been following the Option-A and Alt-ARM foreclosure potential for creating another wave of foreclosures that would send tremors through the market. It appears that unless the administration is willing to dive in deeper this wave is about to break, exerting pricing pressure across the entire market from the top down.

CA Foreclosures About to Soar