The real estate crisis is far form over. America’s economic nightmare has just entered a catastrophic new phase:
Housing starts and building permits for April have taken a big nose dive to new all-time lows.
Duplexes and other multi-family housing have been the hardest hit, with building permits falling 19.9 percent and building starts collapsing a staggering 46.1 percent!
Now the crisis has entered the commercial real estate market, once again every bank and financial institution that holds corporate mortgages and leases is in danger.
Opportunities for real estate investors will continue for quite some time.
Buying Investment Property in Canada.
Foreclosure Lists in the United States.
Hans Anderson
May 19th, 2009at 4:51 pm
[...] Original post by Real Estate Investing Facts [...]