Investor sentiment began the week with a rapid downward slide after the World Bank released new forecasts severely downgrading the prospects for a global recovery. The world economy remains "unusually uncertain" and is now expected to shrink...()
Recently, the benefits of working together were illustrated distinctly in the Nashville area when builders, bankers and developers pulled together to in a 497-home planned community called Riverwalk on the Harpeth located west of Nashville.
The decrease of foreclosure filings in Southwest Florida in May seems to show that the pace of foreclosed homes in the region is slowing down. Some economists however contend that the continued rise in unemployment will cause more foreclosures.
Contrary to the common perception that most foreclosures houses are investment or rental properties, a study of showed that over 87 percent of foreclosure houses were primary homes.
