Subprime
Experts are predicting that the slow housing market will continue through the end of the year and well into next year. Fueled by the subprime problem the number of foreclosures are not expected to peak until next year which will put further pressure on the U.S. real estate market. The market in Salt Lake is [...]
Yesterday new home start figures were released which showed an increase of 0.8% from Feb to March. That’s the good news. Also on the same day builder confidence showed a downtown because of the increasing number of cancellations and a decease in sales due to the sub prime mess-up. Here is my take on the [...]
Continue reading about More mixed signals from the U.S. Real Estate Market