Search This Blog

Thursday, August 26, 2010

Real Estate Bubble has Burst?

The real estate market has hit the lowest it has been in almost two decades.  Home sales are down, foreclosures are still high, and the permits for new homes being built are very low.  All this even when interest rates being at all time lows, and with credit card debt per household average, at the lowest it has been in almost ten years.  Doesn't make much sense.  Not to mention that prices of homes are fairly low.  Something has to give and hopefully soon.  I personally have been busy in MA real estate market.  Let me know if you or anyone you know is looking to buy or sell in this buyers market. www.gropmanrealtygroup.com thanks

No comments:

Post a Comment