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'Housing Market Still in Peril'

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Housing Market Still in Peril

07/01/09 00:04

More and more homes in the US will remain vacant if US financial institutions still make it a hard time for investors to get credit, which can be used to repurchase these homes for resale or rent.

This is despite the pledged $275 million by President Obama to shore up home sales. On the light side, the real estate construction has somewhat improved after massive contractions.

Link: Housing in Peril as Obama Fails to Get Breakthrough (Up

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Comment #1 Nicholas James at 07/07/09 05:21
I hope this contraction comes to an end. Other wise I will be ruin. I almost have had left the real estate business, currently pursuing my cisco certifications to secure my future... I guess... :-/

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