MARCH 18, 2009
BACK TO THE FUTURE IN REAL ESTATE
- Real Estate Weekly
By Abraham Hidary
AIG, Bear Sterns, Citigroup, Lehman Brothers, Washington Mutual, Bernard Madoff -
the financial world has collapsed over the past year. It's trickled down into all facets of the economy and has dramatically impacted all disciplines of the real estate business.
Many complained about the high prices of property that resulted during the recent boom, saying they'd buy a house or invest in a commercial building when prices came down - only to find that with prices down, market liquidity is impaired and it is difficult to commit to a purchase. So when will it be the right time to buy again?
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