Greenspan says “House prices will drop more.”

Home, Prices, Government, Economy, Greenspan, American, Federal No Comments

Real estate is one of the slowest moving markets today and, many newly built homes an buildings will not sell, and Greenspan has said it will stay that way. Tho he says it is far to early to say if the economy will fall into a recession.

Will the fed’s raise rates or lower? Tuesday is the day to find out.

Greenspan, Rates, Federal, News No Comments

Tuesday, September 18, 2007 will be the day for Wall Street and the rest of the U.S. to find out if we will receive lower interest rates. With the value of the Dollar at an all time low many on Wall Street are undecided about the effects, either way Greenspan goes with the rates.