Real Estate Properties:When bad news is not big news
Article Summary:
We maintain this Blog to keep current and future clients up to speed on the Real Estate Market. We will help you determine and prioritize so you can target, navigate and purchase your dream property.Even a few months ago, news that foreclosures are spiking would have been big news in Massachusetts. Not these days.
The explanation given in the Globe sounds reasonable — maininly that foreclosures are now seen as a lagging market indicator, sort of the way unemployment numbers
The explanation given in the Globe sounds reasonable — maininly that foreclosures are now seen as a lagging market indicator, sort of the way unemployment numbers
Article Content:
Even a few months ago, news that foreclosures are spiking would have been big news in Massachusetts. Not these days.
The explanation given in the Globe sounds reasonable — maininly that foreclosures are now seen as a lagging market indicator, sort of the way unemployment numbers are seen as a lagging recovery indicator.
The housing market is still fragile. We’ll have to see how everything goes after all the federal stimulus programs finish. But it’s looking much better these days.
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