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Archive for the ‘Real Estate’ Category

Weeks, residential and commercial housing is bad. In terms of housing
• Sales of new homes fell to seasonally adjusted pace of 300,000, album of all time.
• index of confidence fell in June by the manufacturer
• Sales of existing homes fell in May
• 7,3 ??????????? mortgage defaults.
• 11,2 million now have property owners with negative equity in their homes.
These facts, as well as a number of 3890000 for sale of existing homes and seized large stocks of products Sat in the shadow of bank accounts and do not buy and convincing evidence that house prices continue to black and Outlook 2011, and, possibly, 2012th also a heavy burden on economy will be.
Commercially, the AIA Architecture Billings Index fell in May, is an important indicator for the construction of commercial and investment banks. Then there is a gap in the supply of commercial real estate market and rising interest foreclosure, the mortgage company balance sheets of banks resulted in “a large number of mortgage loans on their books, and more exposed to this risk, banks, community is the fact that many loans for small business .
This overview on all aspects of real estate and construction is one of the main obstacles to economic recovery, and the dam in the next round because of persistent high unemployment. Growth in Washington against the occupation and reduce the deficit, increase the number of jobs is inevitable to some extent, it was difficult to get unemployment. The application is now expired, and the base fell to the housing market.