Effects of Credit Crunch on Real Estate Market to Continuue
The effects of the credit crunch on the real estate market have been serious, but negative trends will not continue forever. Words: 512
The effects of the credit crunch on the real estate market have been serious, but negative trends will not continue forever. Words: 512
The next phase of the real estate disaster is upon us. It’s just shifted from subprime to Option ARM and with many economists predicting unemployment will stay in the double digits, foreclosures will only accelerate, which will add to bank losses, which will add pressure to the financial system and broader economy. Words: 547