August 18, 2007
Is It The Time Now To Do Owner Financing And Lease Option?
Mortgage pinch causes domino effect of pain , based on the article at US Today.  The problems in the mortgage industry, which began late last year and have rapidly deteriorated since June, are having a domino effect in the real estate market. Increasingly, first time home buyers are getting shut out of the market, and that hurts move-up buyers. The credit crunch is exacerbating the drop in buyer demand and potentially compressing the natural downturn we expected to be spread over six months into a few weeks. Read more
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