Market crises Lead to drop in property values.(knowitall)(Brief article)

With a trickle-down series of market crises following on the heels of the housing market woes of this past year, cash-flow projections for commercial and residential properties are being greatly reduced as an even greater economic slowdown is predicted into 2009.

With some of the biggest firms in finance and banking failing in September of this year, creditors that were once willing to make real estate loans before the upheaval are pulling back, leaving little capital to put back into the market.

Thus far, commercial real estate has fared better than residential properties with many office buildings, shopping centers, warehouses and other income-producing properties generating enough cash to pay their debt.

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