31.08.2009 - Why real estate ETF recovery could be slow |
From Etftrends.com: The real estate sector and its related exchange traded funds (ETFs) appear to be making a recovery, but there are still some potential stumbling blocks the sector could likely face in the coming months. Principal forgiveness means that a loss has to be taken by someone. Adjust the rate, adjust the term, adjust the amortization – it is all tinkering, even if it lowers the payment slightly, because the owner is still inverted on his mortgage..............Full Article: Source |