Top 10 Stocks to Own for the Rest of the Year

Editor's note: This column was submitted by Stockpickr member Fred Fuld, of Stockerblog.com.

First the bad news. If you think the residential real estate market is bad now, just wait -- it will get far worse.

Here's my take. Middle-class borrowers with loans that started out with teaser rates are also suffering. The inventory of homes -- the number of houses on the market -- is enormous and sales have been dropping in most of the "hot" real estate markets, even during the summer, when sales are supposed to be good.

Politicians will probably pass laws to severely limit the number of subprime mortgages in the future, eliminating no-equity loans, 125% loan-to-value loans, low teaser-rate loans and the like. This will drive a stake through the heart of the real estate market, destroying the potential for the working class to buy starter homes, eliminating the move-up real estate market as well as any possibility for subprime borrowers to refinance. ...