Wed, Nov 26, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Americas, Market Moves, Residential property Watch more

US housing market needs renovation

Posted on 29 August 2011

Tim LawlessUntil the US housing market starts to right itself it’s unlikely US consumers are going to gain too much confidence and without confidence the chance of economic recovery will remain a forlorn dream.
House prices are still down 32% from their 2006 peak and this is where the viscous cycle kicks in. Depressed house prices decimate loan-valuation ratios which triggers defaults but wannabe vendors can’t sell in a falling market……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930