Mortgage Crisis Hit the Sales & Value of Real Estate Posted By : rateempire
Wednesday, June 4th, 2008Mortgage Crisis Hit the Sales & Value of Real Estate Posted By : rateempire
In a conference of US Mayors, experts said that in last 16 years this is the worst housing downturn. They have estimated that during the next year this will lead to the decline of property value by $1.2 trillion and will cut down tax revenue by more than $6.6 billion.