Real Estate Investment: Housing spike temporary.
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A recent housing report showed that housing sales have actually improved recently. This is great news for all of us as home owners, but you might want to take a pinch of salt with the report because it may only be a blip on the radar. Many think that this is an exception, and not a trend. Stocks continue to fall as people are fearing the possibility of a recession. That is right, I said it, recession! That is horrible news for real estate investors, and it makes me wonder what the fed plans to do to turn around the economy. Basically, you could blame this on all of those sub prime loans which have now defaulted.
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