Federal Reserve Board held the FOMC(Federal Open Market Committee) meeting today and released the statement regarding their assessment of the US economy. In the statement, they insisted that the unemployment rate is still elevated and therefore the US housing sector remain depressed.
And they also maintained that they are concerned about strains in global financial markets that continue to pose significant downside risks to the US economic outlook. That means that US housing outlook will be somewhat pessimistic over coming quarters, Fed suggested. It would be hard to have your property in the Bronx or Brooklyn NY where the foreclosures are flooding into the market.
However, if you need to sell your property fast, there is always a way to do that. Please visit our website for details.
No comments:
Post a Comment