Its a graph from Credit Sussie.http://bubbleinfo.squarespace.com/journal/2008/6/7/neg-am-reset-update.htmlYou can see one peak of Neg Am loans approaching by the end of this year but then a bigger peak in Oct.This is just with one company, but you can imagine the peaks are similar throughout the entire industry.Most were 3 -5 year adjustment periods.So if a good portion of these loans were done 04-07 the wrath is really just begining for foreclosures.Unless the government steps in and works out rates and reduces prinsicpals.

I just read a great article in the Wall Street Journal by Jonathan Clements about the 5 key risks of real estate in today’s crazy market.

The Wall Street Journals magazine, Smart Money, had an issue several months ago giving what cities were growing the fastest, as far as appreciation goes, and what cities were the most undervalued.

I could only read part of the article because I don't read the Wall Street journal like I used to.

Everyone will need to double check any and all the information anyway - the Phoenix Business Journal is great for starters.

As long as you have the journal entries set up correctly then this should work.

Bus lines to port authority and journal square path station are 2 minutes away.

APR is .25% less than the wall street journal prime rate, which is 3.25% right now.

The Wall Street Journal reported today that, “the housing market has turned – at last.”

At least according to this Wall Street Journal article.http://online.wsj.com/article/SB10001424052702303644004577520414196790098.htmlSo now we know where we are, right?