Posts Tagged ‘ economic crisis ’

Foreclosures: What Each Presidential Candidate Will Do About It

Oct 27th, 2008 | By RT Staff | Category: West Region

One in every 400 homes in Colorado is in foreclosure according to Team Cox Realtors.
It’s an issue every voter is looking into to see which presidential candidate is best for them.
A group of Republican Presidential Candidate John McCain supporters met in Colorado Springs on Sunday to discuss how McCain’s plan will help keep Americans in [...]



Crisis Squeezes New York Real Estate Market

Oct 12th, 2008 | By RT Staff | Category: Northeast Region

Property developers and financiers – including international companies that have invested heavily in everything from trophy office buildings to Brooklyn residential renovations – are being whiplashed by the spreading credit crisis, which has brought New York’s real estate market to a screeching halt.
Some are rushing to draw down credit lines before they are withdrawn, while [...]



Analysts Say Economic Crisis Started with Bad Housing Loans

Sep 19th, 2008 | By RT Staff | Category: Financial News

The economic crisis has spread into many areas of the U.S. economy–banks, investment firms, insurance companies, and even the oil markets. But experts seem to agree that the trouble started with bad loans in the housing industry, and grew into a widespread crisis of confidence.
Gus Faucher, the Director of Macroeconomics at the economic website [...]