We've heard all over the news that this economic crisis is the worse one the world had since the Great Depression. We were also told that house prices have dropped significantly due to the crisis--but just how bad? It seems that the drop in house prices is just, well, comparable to that of the 90's. More on this from TimesOnline.co.uk.
Various business sector from all over the globe has greatly been affected by the US recession and economic downfall the past weeks. This has caused the real estate business to flunk down. The return of the once glorious real estate investment and business may not show until the latter part of 2009, which is also uncertain. More surveys and interpretations regarding the real deal with real estate business can be seen at the permalink below.