Archive for April, 2009

April Shaping Up – Bad!

Monday, April 20th, 2009

aprilhousingfiguresThe figures for the month are coming in bad, far worse than last month’s figures as if it couldn’t get any worse, it has. This is the trend for the past few months that have shown dismal performance of all real estate industry players many of whom are losing hope that the plenty of past would ever return. Adding to the dismal figures is the sheer uncontrolled collapse of one of the the US’s biggest mall operators, resulting in closure of many malls all throughout the country. This might be what we would be seeing in the near future with many more fronts collapsing due to the sheer immensity of the economic worries plaguing us today. Time is the enemy and the sheer length of time that has been lost with no profits is taxing on all economic fronts. (more…)