As home prices fall, more borrowers walk away - CDPE

Economists at Goldman Sachs recently forecast that after bottoming in 2013 house prices won't recover their 2006 peak until 2023. (No, that's not a typo.)  Feel like waiting that long to break even on your home?  Most people don't and are walking away.

Think of it this way, if you knew your 401(k) would be worth $0 in 11 years after spending $1,200 a month on it, would you continue to fund it?  Rather, if you could ditch your current 401(k) and start funding a new one at $0 and every dollar you put in it could start appreciating wouldn't you do that?  Many are doing that with their homes, and we can help.

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Tempe, AZ 85284
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