Tuesday, July 20, 2010

Difficulties for the U.S. housing market

The housing market in the United States began badly the summer. On the one hand, thereal estate index for seizures of homes and apartments vien increased by 5% between the 1st and 2nd quarter 2010. Over one year, the number of seizures of homes has increased by 38%. What to say that the housing crisis is not over U.S.. For the record, before the subprime crisis, ie in 2005, the annual number of seizures has not exceeded 100,000 units against more than one million currently.

The other bad news is downgrading the rating of the U.S. housing market, the attractive from neutral.

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