WHO MAKES THE BEST BUBBLES?

Go to "Housing Bubble and Real Estate Market Tracker" to get a sum up of opinions from the suits regarding the bubbles in real estate. Essentially Florida remains number one in the foreclosure game because all the risk factors are bunched together right now. As we say in real estate "timing is everything." Rising interest rates, lots of creative financing ploys which are turning back to bite (cited are 43% of total loans in Florida are in this category); rising property taxes; and rising home insurance rates (somebody has to pay for Mother Nature's revenge). Repeatedly cited as high risk along with Florida are the areas of Arizona, California and Nevada. However, there's a fat bustling market just getting underway it seems in the red state of Oklahoma using lots of USDA rural development programs, offering financing at - yes - 100%!