Real estate in United States is one of the largest markets in the world. In fact, it is so significant to world economic activity that the availability of easy money and the subsequent Housing Bubble triggered the Sub-Prime Crisis and eventually the global Financial Crisis of 2008 - 2009 that brought the world's economy to its knees.
Housing prices have collapsed in those years - and foreclosures have soared. There is some good news though. Property prices are now much more affordable, and once the economy recovers house prices will start to rise once again in areas with positive demographic and employment trends.
Some Heading
- Real estate in United States
- One of the largest markets
- Significant to world economic
- The availability of easy money
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- Real estate in United States
- One of the largest markets
- Significant to world economic
- The availability of easy money
|
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Housing prices have collapsed in those years - and foreclosures havesoared. There is some good news though. Property prices are now much more affordable,
