Will the new stimulus plan really address this? It is going to be a very interesting 2009. Plus, is anybody talking about the major problems ahead with commercial loan defaults?
An ever growing supply of high-end listings is leading to long awaited price cuts, which will be the theme of the high-end real estate market in 2009. According to the Concord Group which tracks the luxury home market, resales of $2 million-plus homes declined 28% in the fourth quarter of 2008, compared with the same [...]
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| John Skinner |
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