Pending homes sales decline, existing home sales decline and now new home sales decline 2 months in a row. The housing market is declining rapidly and if rates are pushed up once again the housing market decline will accelerate. Manufacturing is slowing in America. The economic indicators are signalling a recession, this is being done on purpose now while showing the economy is strong to blame the central bank. Loan demand has suddenly tumbles, this is an indicator that corporations are not borrowing which will effect business.
All source links to the report can be found on the x22report.com site.
Peter is a Real Estate Broker at Professional Brokers Group (License No. 023000), covering the greater Short Sale area of Colorado.
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Helping Short Sale Realtor home owners avoid foreclosure with a short sale.
Peter Janisch specializes in short sales in Short Sale Realtor. I am your Short Sale Realtor Short Sale Specialist Realtor and Short Sale Realtor loan modification and distressed property expert. This article and content is for general informational purposes and may not be accurate. This should not be taken as legal advice, technical or tax advice under any circumstance. Seek legal advise and representation in all legal matters.