How a real estate market crashed
Real estate markets in the US are struggling.
But the impact of the recent economic turmoil is still being felt.
That’s because many of the country’s biggest real estate players — from luxury homebuilders to big-box stores — are seeing huge losses.
That includes the country, where luxury homes are losing their value faster than ever.
Now the big questions are how much the market will recover, and how much is still lost.
In this article, we’ll take a closer look at what’s happening in the real estate markets, and what to do about it.