There seems to be no doubt that active government intervention may be forestalling the free market system in the housing market. Need a refresher, the $8000 first time homebuyer tax credit, the federal reserve buying mortgage backed securities, 90 day moratoriums on the foreclosure process, beginning to get the message? But wait, there's more, Making Homes Affordable, extend and expand the homebuyer tax credit, loan modifications, Home Affordable Foreclosure Alternatives. Pro or Con? There … [Read more...]