Wednesday, Jun 24, 2009

Realistic Valuations , this is what we need in the UK

Bloomberg: Home-Price Recovery in U.S. May Be Undermined by Appraisals

More deals are falling apart in a housing market that needs transactions to recover from a three-year slump that has dragged the U.S. into a recession. Low appraisals join a list of suspected obstacles standing in the way of a rebound that includes rising interest rates, a glut of foreclosed properties, and the highest unemployment rate since 1983.

Posted by mark @ 02:37 PM (332 views) Add Comment

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