Wednesday, September 24, 2008

Economic Crisis

The USA is going through a hard situation economic. People don't make enough income to pay the mortgage of their homes. Many banks are closing for this problem. The bank has to take the houses and tray to sell these for less price, but now, not many people want to buy a house. People who want to buy a house are investors becouse this is their business. The real state agencys are the most affected becouse their business is to sell houses. Also, for people who want to sell their houses is not convenient becouse the prices of the houses in the market are going down. This is a difficult situation especially for immigrants becouse right now many of them, they are losing their houses.

1 comment:

Elaine Soffer said...

You are definitely right. It's a disaster! Everything will be OK with your house, though. Don't worry.