The Housing Crisis
Tuesday, November 20th, 2007The United States real estate market continues to look dire:
“We have not seen a nationwide decline in housing like this since the Great Depression,” Mr Stumpf said at a Merrill Lynch & Co banking conference in New York.
“I don’t think we’re in the ninth inning of unwinding this,” he continued, using a baseball reference. “If we are, it’s an extra-inning game.”
Here is another article that talks about the demise of real estate prices across the United States of America, and tips on how to sell your home amidst the chaos:
“I’ve been in the business 41 years, and this market is probably the worst it’s ever been in my career,” said one agent.
I like the tip about starting a blog about your house:
“I had never really heard of a blog before they had mentioned it,” Michael said. “But it’s actually turned out to be a pretty fun thing to do on a daily basis — just to update people and see if we can’t market it.”
