Winners and Losers of Real Estate in 2008
January 1st, 2009 categories: Coconut Grove Real Estate
Real Estate in 2008 was a year for the record books. MSN released their Top Winners and Losers in Real Estate for 2008. Chances are, you have made it somewhere on this list.
Winners:
- Agents and asset managers of bank-owned properties.
- Attorneys
- First Time home buyers
- Smaller banks that bet against risky lending
- Lending’s loss-mitigation workers
Losers:
- People who lost their homes, and the banks that made them the loans
- Home Builders
- Sellers
- Real Estate Agents
- Mortgage Brokers
- US Taxpayers
It will be interesting to see where the market takes us next year. Everyone has their predictions, and I will make mine here on The Coconut once the final 2008 numbers are tallied. Stay tuned…
