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how economy affects  Related Articles



  • Real Estate Market: How It is Affected by The Economy

     By:Vicki Hat

    2010 is the year of the tiger. The economy, on the early part of the year, has been showing plenty of signs for its tiger improvement. However, the real estate market is still slowing. Although in 2009, the market sales have showed an increase but all seems to be temporary. For one, in 2008 and 2009, the government had a stimulus package to boost housing sales. They did it by providing tax credits for first time home buyers. They even extended it to this year and gave better provisions by including repeat buyers to avail of the tax credits. Yes, this has helped a lot to spark some spending on housing sector. However, if you look at it, the programs are nearing its end. What happens if the stimulus package would use up its last cent? Will the real estate market sustain its sales?


    In Category - Real Estate Market




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