From the moment you file your AOS application you acquire a new monthly interest known to the concerned public as visa bulletin and processing times report. Everyone knows that its content correlates with his subjective reality at best occasionally (FBI name check seems to be the dreaded culprit capable of hanging your application for years) but it gives hope and consolation. So far it looks like one's I-140 is likely to be processed in half a year while I-485 will take half a year. I would expect those times to be severely affected by the recent surge in applications for those filing from now on but the impact on the previously filed applications might be less acute.
We used to believe that EB2 virtually guaranteed relatively fast processing. With all the recent volatility in the USCIS highlighted by a month of all the categories being current we may be facing tougher times. The surge in applications filed will hardly help the chronically overloaded Service and the precedent of uncurrent EB2 for non-Asians is quite disturbing.
Now for the real estate. The bubble is becoming the story of the year. There is definitely potential to eclipse the dot-com crisis because of all the foreclosures predicted. Americans are perversely dependent on their houses in more ways than one would expect (hint: think equity) and normal people can suffer as a result of indiscriminate lending rampage morons and Wall St indulged. According to some people recession is looming on the horizon if the situation is as serious as they believe - market correction happens :) Clearly, economical troubles lead to decreased employment and we might be at the high point of the current cycle. If stuff hits the fan some people will be forced to move to less popular destinations while others won't find new projects and leave the country. I heard horror stories from witnesses of the previous recession so let's hope for the better.
We used to believe that EB2 virtually guaranteed relatively fast processing. With all the recent volatility in the USCIS highlighted by a month of all the categories being current we may be facing tougher times. The surge in applications filed will hardly help the chronically overloaded Service and the precedent of uncurrent EB2 for non-Asians is quite disturbing.
Now for the real estate. The bubble is becoming the story of the year. There is definitely potential to eclipse the dot-com crisis because of all the foreclosures predicted. Americans are perversely dependent on their houses in more ways than one would expect (hint: think equity) and normal people can suffer as a result of indiscriminate lending rampage morons and Wall St indulged. According to some people recession is looming on the horizon if the situation is as serious as they believe - market correction happens :) Clearly, economical troubles lead to decreased employment and we might be at the high point of the current cycle. If stuff hits the fan some people will be forced to move to less popular destinations while others won't find new projects and leave the country. I heard horror stories from witnesses of the previous recession so let's hope for the better.
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