In order to avoid a copyright infringement, I am going to provide the link to a website that I frequent that covers the Default Services field of real estate.
http://www.dsnews.com/articles/experts-worry-option-arm-time-bomb-is-about-to-explode-2009-09-21
The article is a very brief and chilling look at what is looming over the entire market.
What's crazy is that the mainstream media is very hands-off when it comes to really covering this threat to the overall real estate economy.
What does this have to do with Long Island specifically? Read my article:
http://www.tommcgiveron.com/long-island-real-estate-market-2-in-3-homes-underwater-in-western-suffolk/
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