Leonardo Montenegro's (leonardo) Blog

July has been another record setting month for sales of existing homes. Up from 5% July 2008 to 7.2% in 2009. According to NAR (National Association of Realtors) this has been the highest one month gain on record for sale of existing homes. NAR Chief’s economist said ” “The housing market has dec...

The U.S. Federal Reserve said Monday it will extend to mid-2010 an emergency program aimed at boosting lending in the ailing commercial real estate market. This is an important move for the Commercial Real Estate sector of our economy. This extension is until June 30 2010. Like on the Real Estate...