Overseas Property Blog

guide to international real estate investment

home
email us

Overseas Investor Opportunity In The US

Thursday, October 2nd, 2008    Posted by OP-Mall in United States Property

street-in-san-francisco

As reports of the US glooming economy keep appearing, many US residents fight for their financial survival. According to latest new sources, there is now a huge surplus of unsold housing which is unlikely to shrivel fast.

In August, median house prices in the US fell to 6 percent, or $221,900. This is the lowest since the past eight years when the country was on a high with a huge property boom, especially along the coastal regions. What many couldn’t afford back then might well become affordable soon as property prices keep declining.

Read the rest of this entry »



© Copyright 2005 - 2008 Overseas Property Mall. All rights reserved.
Close
E-mail It