There has been much chatter in recent weeks about the recovery in the real estate markets. Maybe in the lower end stuff but the high end real estate sector is seeing some real pain. The numbers are staggering as can be seen from this recent piece on the Wall Street Jounel blog entitled “Affluent Homeowners Sinking Fast“. Maybe the optimists are a bit premature calling for a turn in the real estate markets so soon.

This entry was posted on 12. May 2009 at 07:09 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.