Real Estate Outlook 2009

Your 2009 Real Estate Outlook (Mon, Dec 29 2008, 15:07 GMT by Mike Larson)
Construction activity is starting to tank as commercial mortgage credit dries up and the economy slumps. An American Institute of Architects (AIA) index, which serves as a great leading indicator for commercial construction since you need to design a building before you build it, just plunged to a record low of 34.7.

Industry Forecast: Residential Real Estate
The housing market in 2009? It’s anyone’s guess

Rising Unemployment Feeds into Sinking Demand
The grim reality is that skyrocketing unemployment is a major threat to the recovery of the U.S. housing market. And consumers shackled with record levels of debt are unlikely to ride to the rescue this time.