Real Estate – Is It Gonna Get Worse?
May 20, 2009 Information, News & Updates, Trends, Updates No Comments
Well, as if it couldn’t get any worse, the real estate industry was hoping that the economic figures last year in their corner of the woods have been leveling out, it wasn’t. For the industry as a whole is till doing bad with prices continuing to slide ever lower and mortgages still defaulting. People who loved the new administration with their new view into the industry as a whole have been re-thinking their overall grading of the government which has done little to stem the worsening economic conditions. Hailed as the “trillion dollar economic blunder”, it seems that even the economists who promoted the President’s move to open the Federal Government’s coffers are having second thoughts, saying ti may have warranted more study before it should have been allowed to pass. Read the rest…