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Real Estate Investment: Housing Slump.

housing-slump.jpgIn today’s real estate investment blog, I will discuss the recent numbers that have come through concerning the housing market. The real estate investment blog is a periodical that examines housing news as well as it offers tips and advice for all those interested in the real estate market. If you would like more information on this subject, come back to visit this blog periodically.

 

The recent numbers came in concerning home sales and although they do not look good, there is a bit of a silver lining in the cloud. The total home sales numbers dipped for a fifth straight month while the median sale price has dropped for the twelfth straight month. That is a record. This continues to affect the stock market as investors are very fearful of a credit crunch. If things continue to get worse, you can probably expect that the Fed will step in to cut interest rates yet again in order to avoid a full blown recession. The Fed is highly unlikely to take any other course, and a cut in key interest rates would help to stabilize the economy and relieve the credit crunch. Come back often for more information on this subject.

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Posted on Monday, August 27th, 2007 at 8:03 am In Real Estate Investment
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