US home Prices grow the slowest in 14 years

[Charles]

The real estate in the United States has experienced the slowest growth in the past 14 years. This is due to the level of inflation that the US has experienced, if the prices of homes could not be proportional to the level of inflation, this would be the resulting action.

This message of concern was given by Freddie Mac, the vice poresident of the second largest US home funding company. As of this date, because of the slow growth on US housing, the effect would be surprising as there were now about 10 fastest growing US counties. Here they are:

1. Maricopa County, Arizona
2. Harris County, Texas
3. Riverside County, California
4. Clark County, Nevada
5. Tarrant County, Texas
6. Bexar County, Texas
7. Collin County, Texas
8. Dallas County, Texas
9. Wake County, North Carolina
10. San Bernardino County, California

Neither this is a good news or bad, you can read the full article at CNNmoney.com

[NY_Ilove]

or maybe make the interest rates to a level that would make the home selling market a competitive one.