Real Reasons for Economic Declines
US existing home sales drop 1.2 pct, prices in record slump
The decline was worse than economists' consensus forecast of a drop to 5.00 million units, and followed an 8.0 percent plunge in home sales in September.
http://snipurl.com/1ucbk
Report: Foreclosures to hit metro areas
Prepared by forecasting and consulting firm Global Insight, the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation's economic activity.
http://news.yahoo.com/s/ap/20071127/ap_on_re_us/mayors_foreclosures
Real Reasons for Economic Declines
The recent consumer confidence figures tell us the real estate collapse, the lack of real estate equity cash out, the results of free trade, globalization, offshoring and outsourcing and the credit crisis are all simultaneously taking their toll. Next comes the stock market collapse.
http://www.theinternationalforecaster.com/item.php?topicId=2&articleid=214
From Information Clearing House
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=stock+market
The decline was worse than economists' consensus forecast of a drop to 5.00 million units, and followed an 8.0 percent plunge in home sales in September.
http://snipurl.com/1ucbk
Report: Foreclosures to hit metro areas
Prepared by forecasting and consulting firm Global Insight, the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation's economic activity.
http://news.yahoo.com/s/ap/20071127/ap_on_re_us/mayors_foreclosures
Real Reasons for Economic Declines
The recent consumer confidence figures tell us the real estate collapse, the lack of real estate equity cash out, the results of free trade, globalization, offshoring and outsourcing and the credit crisis are all simultaneously taking their toll. Next comes the stock market collapse.
http://www.theinternationalforecaster.com/item.php?topicId=2&articleid=214
From Information Clearing House
http://freepage.twoday.net/search?q=foreclosure
http://freepage.twoday.net/search?q=stock+market
rudkla - 29. Nov, 00:51
