In the 12 months since my last state of the sector address, we've experienced a major financial crisis, a freeze up in the credit markets, a collapse in housing prices and sales, record foreclosures, a painful recession, a huge jump in unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member service
In the 12 months since my last state of the sector address, we've experienced a
major financial crisis, a freeze up
in the credit markets, a collapse in housing prices and sales, record foreclosures, a painful recession, a huge jump in unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member service
in the credit markets, a collapse
in housing prices and sales, record foreclosures, a painful recession, a huge jump in unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member service
in housing prices and
sales, record foreclosures, a painful recession, a huge
jump in unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member service
in unemployment, a surge
in bankruptcies, and a dramatic increase in the demand for NFCC Member service
in bankruptcies, and a dramatic increase
in the demand for NFCC Member service
in the demand for NFCC Member services.
The
sale included four Milton Averys
in quick succession — the artist most represented
in the
sale — and three of them
jumped above their high estimate (perhaps the result of the rumor that a
major museum is said to be organizing an Avery retrospective), with the tranquil beach scene White Umbrellas (1952) going for $ 1.87 million against a high estimate of just $ 700,000.
«As desirable as the long - awaited improvement may be, the unusually low level of homes for
sale is creating widespread problems for buyers and sellers alike, leading to bidding wars and bubble - like price
jumps in places that not long ago were suffering from
major declines.»