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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: ild who wrote (37347)9/16/2005 10:55:49 AM
From: mishedlo  Read Replies (2) of 116555
 
From slapdasher on the FOOL

Only recently have I begun to see "for sale by owner" and "for rent" signs littering the streets of Manchester, Nashua, and Exeter, NH. (I haven't checked Portsmouth, but I doubt it's any different.) When you call on the "for rents," the brokers are testy and explain that it's an owner in dire straits who will only offer a month-to-month lease, or only 3 months, or you can rent for a few months but you must agree to buy it. It looks utterly dire.

As far as business activity goes, the advertising market has dried up considerably in the Boston area. The NE division of a major cable company is not making its numbers, and hasn't been for a few months now, and word has it that their reps are having much difficulty finding new business....
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