|
| October 30, 2008 |
|
Consumer confidence is down again as the stock market remains unpredictable, a credit crisis continues, and home prices fall. The unemployment rate in the country is now over 6 percent. According to the The Conference Board Consumer Confidence Index -- confidence is at an all time low. "A consumer-led recession is upon us, and it promises to be a serious one," Joshua Shapiro, chief domestic economist at MFR, a research firm, wrote Tuesday in the New York Times. What does this mean for you? This could lead to more job cuts and more tough times borrowing money. |
With an award winning staff of writers providing up to the minute real estate news and advice, thousands of REALTORS® in North America reporting daily market conditions, and a nationally broadcast television news program, Realty Times is the one-stop shop for real estate information. That's why over 10,000 real estate professionals have turned to us for their publicity needs.