Home Values Continue to Drop
Indicating the housing slump has continued to worsen, the Standard & Poor's/Case-Shiller National Home Price index fell 14.1% in the 1Q from a year earlier, the lowest rate of home price decline since its inception in 1988. Its narrower 20-city index tumbled 14.4% during the quarter, the lowest since that index was started in 2001. Its 10-city index plunged 15.3%, a record in its 20-year history. "There are very few silver linings that one can see in the data. Most of the nation appears to remain on a downward path," said David Blitzer, chairman of S&P's index committee. The 20-city index showed that 19 of the 20 metro areas reported annual home price declines, with 15 of them posting record lows. Prices in six metro areas fell more than 20%. Only Charlotte, NC posted a gain, although it was less than 1%.
Return to:
Factoring, Credit and
Economy News
Date Last Updated: 06/02/2008 |
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Charter Capital services many industries. Here are just a few of the industries
we are currently financing:
Trucking and Freight
It has never been easier for trucking companies and freight brokers to get cash
with Freight Bill Factoring from Charter Capital. We purchase your freight bills
and fund you within 24 hours, so you don't have to wait to get paid.
Staffing Firms
We can help you grow your staffing company with unlimited payroll funding ,
whether you're a start up or a multi-million dollar
temp-staffing agency. Our
clients provide staffing for various industries including Professional, Office
Services, Medical, and Manufacturing.
Security Firms
Demand for security services in the USA is on the rise. Be financially prepared
to gain your share with a FactorLine facility only from Charter Capital.
Manufacturing
If your business is a manufacturing plant, distributor,
packaging company, or
any business that invoices to credit worthy customers, then a FactorLine from
Charter Capital can accommodate the working capital funding needs of both new
manufacturing companies as well as those that have been around for years.
Technology Staffing Firms
Service providers such as technology
consulting and staffing firms are great candidates for our FactorLine accounts receivable
funding service, enabling you to increase your cash flow without the need
for bank loans. We are always adding new industries and will consider factoring
service providers in any industry.
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