Mortgage And Real Estate News

Saturday, June 13, 2015

Alan Greenspan: US real estate is stagnating

Construction usually pulls America out of a recession, but not this time.

It's Alan Greenspan's top concern right now. The former chairman of the Federal Reserve says real estate in the U.S. is stagnating.

Sure, some cities are seeing buildings (and prices) rising, but construction of both homes and commercial properties overall isn't back to where it was before the Great Recession.

Read more... http://money.cnn.com/2015/06/10/investing/alan-greenspan-housing-stagnation/index.html?section=money_realestate&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:%2Brss%2Fmoney_realestate%2B(CNNMoney:%2BReal%2BEstate)

Reuters: Business News

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