| 29.04.2009 - Is the US housing market bottoming out? |
| From Investorschronicle.co.uk: US real estate was where the current economic crisis began. Transactions have been falling since late 2005, prices since early 2007 - and much of the toxic debt that's poisoning the financial system has its origins in residential property. But lately, there have been signs of stabilisation. Barack Obama says he sees "glimmers of hope". Is this wishful thinking, or is the long rot in American property coming to an end?.....Full Article: Source |