Sure prices are higher than they were four years ago and before.
The problem is all of the mortgages signed at higher prices.
Sure prices are higher than they were four years ago and before.
The problem is all of the mortgages signed at higher prices.
One problem is all of the mortgages signed at higher prices. Another problem, comes from all the people who drained their home of equity through mortgage equity extraction, and are upside-down on their loans, now that house values have gone back down.