Colli Real Estate

What causes foreclosures as in the real estate industry today?

My mother is a realtor in the area of Bay and has not been selling houses these days and now we are forced to move to a smaller house. We used to be very rich and had a house of 4500 square feet but now live in a small house because of someone to buy homes … What causes these entries and why not someone who buys houses lately? not war and President Bush has something to do with it? and when things will get better? Next year?

People buy things they can not afford. TB

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