The mortgage case has driven the US economy in crisis and surely influence the whole sectors in the US economy. The Florida real estate for example are facing hard times to increase of keep the good sale on their lists. It is said that it takes more days up to 90 days to sale the housing on the list. but the developer won't give up, they would do whatever it takes to get back to their feet. Dubai real estate on the other hand, despite the global recession, the real estate sector in dubai remain promising as it has been for the last decade. Dubai has become the fastest growing arabian country.
In the US as it is quoted from househuntnews.com "Home buyers continue to be in the driver’s seat in many U.S. housing markets, with plenty of inventory to choose from in virtually all price ranges. . Time required to sell a listing has lengthened to more than 90 days, on average. Home prices appears to have stabilized, becoming more in line with local market supply and demand. As a result, most sellers say they are getting at least 90% of asking prices." despite the delay, spark of better future is now in sight.
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