Metropolitan Real Estates Sales on the Rise?
Not according to analysts who see a continuation of last years housing market woes. The problems the crisis in the sub-prime lending market have echoed down the line causing more and more people forfeiting their mortgages loosing hard earned money in the process. Predictions are not all gloomy but the trends do show a more likely probability for the country going into recession. The Housing market is already in recession with more new houses for sale than a year ago and people are not buying even with low prices expecting them to slide lower. There are a lot of metropolitan real estates, high end property with the exception of Manhattan which has defied the slump with higher housing sales and values.
