Daniel Ganea

real estate crisis?!?!

Some prices in real estate from Chicago and you can search for properties with 2 -3 rooms $39,900 also http://www.coldwellbankeronline.com/Property/PropertyDetails.aspx?SearchID=7143237&PropertyID=1148689&RowNum=5412&StateID=19&RegionID=0&IsRegularPS=True

it is a big difference in Romania where they are selling at 45.000 -60.000 euro
3 rooms for one property, also a little big difference between euro and usa dollar,
well real estate crisis?
Hmm, is not that more or less we are comparing a smaller city as Craiova(Romania) with
maybe Chicago(USA) or Stuttgart(Germany)
also the salary difference is way too big, $1.000-2.500 medium USA, 200-400 euro medium Romania so does it take more for market here in Romania to wake up, surely it does, it takes time.

Associated Press - Homeless in freezing temp

A video material recent made by Associated Press that presents the cases
of people in USA that now are homeless and before have had a home.

Nearly one million homes are in execution in the U.S.

Number of houses and apartments in enforcement in the United States continues to grow.

In the third quarter, 938,000 of property in the United States were in enforcement. The figure is 23% higher than that recorded in the same period last year and 5% higher than that in the second quarter, according to data from RealyTrac.

One of 136 U.S. housing units received a notice of enforcement in the third quarter.

Number of enforcement of the highest level reached in 2005, only RealTrac estate consultancy company began to make reports. Reports on enforcement notices include acquisition of properties mortgaged, issued by banks, auction notices and announcements of delays in payment.

Nevada continues to be the state with the highest rate of forced execution. Here, one of 23 housing units are in various stages of enforcement, the incidence of such cases is six times higher than the national average. The number of new enforcement cases was 48,000 in the third quarter. Places are two three ocupalte of Arizona and California, the top states with most cases of enforcement, housing inventory reported on.