Assurance Trading Gold Industry Blog

Commercial real estate is somewhere between an orderly massacre and a disaster.The value of real estate is down anywhere from 25 to 75 percent,” William Mack, founder and chairman of Area Property Partners, a real estate investment fund, told CNBC. The four keys to restoring this confidence, according to Mack, are: making sure consumers have jobs, rising home prices, access to credit and an increase in their 401k. Bottom line is if we don’t see things turn around we are all in big trouble.