Tuesday, September 18, 2007

Economic Outlook - Real Estate

The housing market in this country needs a boost, and hopefully that boost will come sooner than later, although according to Alan Greenspan, the real estate market still has a way to go before it bottoms out. In August, foreclosures were up 36% from July 2007, and foreclosures were up 115% from August 2006, according to a report by CNN.

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