The Homeowners Consumer Center and its partners the National Mortgage Complaint Center/Homeowners Consumer Center have just released their US real estate outlook for 2007. This information was compiled as a resource for consumers seeking facts about the realities facing an average consumer/homeowner attempting to wade through the murky mortgage/real estate waters in 2007.

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WOW, I read this story and it just got better and better. To start with the story about the housing bubble burst, which has obviously passed me by without me knowing, and I do read bubble blogs all the time. Maybe I just don’t know what a bubble is? is a 10% correction a bubble or downturn?

Issue Number 3. In the last five years, over half of all new homes in the US were built by undocumented workers/illegal aliens according to organized labor insiders. This reality affects literally millions of homes that may now have construction defects.

As compared to the normal builders, sorry, this is just wrong…housing standards have decreased because they build hundreds of homes at the same time, it has nothing to do with the legality of the workers. As with a lot of teenagers, I worked construction when I was younger, and would have to say that my skill level was not that high.

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