Daily Archives: July 16, 2007

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July 16, 2007 – 10:44 am

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By Gary | Posted in Website Stuff | Comments (0)

Slump will continue

July 16, 2007 – 10:13 am

From the Long Island Business News

Pearl Kamer of the LIA said Long Island’s housing fortunes would continue to sag into 2009, as part of a drawn-out market correction.
“We still have to liquidate a excess inventory of homes,” Kamer said. “And as of Sept. 1, lending practices will tighten, so fewer buyers will qualify for [...]

By Gary | Posted in The Bubble | Comments (2)