As the U.S. real estate market has taken a hit, roiling from the after effects of the subprime mortgage lending crisis with home prices and sales numbers down and foreclosures at record highs, one area shows a silver lining among all the mess: the residential rental market.
As lending standards have tightened as creditors have become [...]
Entries from April 5th, 2008
Rental Market Up
April 5th, 2008 · No Comments · Real Estate
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Mortgage Mess Drags On
April 5th, 2008 · No Comments · Mortgages
Buyers looking to take out new financing or refinance their mortgage are still few and far between in the real estate market, as the crisis stemming from the subprime mess continues to slog on, dragging down the U.S. economy.
The Mortgage Bankers Association said in a report this week that the number of mortgage applications filed [...]
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