U.S. home prices likely to fall further: Greenspan
Story date: 2007-10-01 05:38:00
Added on: 2007-10-01 09:00:17
Globe and Mail - ... situations of inventory excess, I would expect home ... remains extremely fragile after a crisis in low-end mortgage borrowing spread fear of a global economic slowdown and put a squeeze on lending conditions.
Read more...
Related Stories:
-
US first-home buyers increase (The New Zealand Herald)
ORLANDO - Low house prices and excess supply helped to drive a rise in first-time US home buyers and reduce excess inventory,...
2008-11-09 09:32:12 -
As Citigroup profits collapse, New York shares hit record
Guardian Unlimited - ... on Wall Street climbed to a record high yesterday amid speculation that interest ... warning by Citigroup...
2007-10-02 01:34:00 -
Builder Confidence Remains Flat in December (BuildingOnline)
Builder confidence in the market for new single-family homes remained unchanged for a third consecutive month in December as problems in the...
2007-12-19 12:25:16 -
Analysts differ on home market recovery in 2008
Seattle Post Intelligencer - Mortgage rates are still favorable." As sellers are forced to cut their asking prices and as home builders...
2007-11-08 03:56:00 -
Housing Prices May Still Have Long Way To Fall (CBS 2 Los Angeles)
Across much of the nation, home values are dropping -- even those backed by solid mortgages -- and banks are repossessing more...
2008-02-26 02:14:35 -
Home sales plunge in El Paso
El Paso Times - ... national downturn in home sales are hurting sales here. Excess housing inventory and low interest rates...
2007-11-03 11:00:00 -
Now's a good time to buy a home
Toledo Blade - Now is still a good time to buy a home. Mortgage rates remain extremely low and the inventory from...
2007-11-16 06:35:00 -
Builders' advice on surviving the slump
St. Petersburg Times - People with reasonable credit don't feel they can get a mortgage and that's not true. Builders have lots...
2007-10-06 08:53:00
