Real Estate Outlook Gloomier As Lenders Further Tighten Lending

Residential and commercial real estate markets are bedeviled by recurring woes despite rather reasonable expectations for the markets to restore to relative normalcy by now. In fact, the predominant practice of borrowing ONLY to a very elite and selected group of borrowers has inhibited even a semblance of real estate recovery. The outlook is grim and gloomy. Let us explore the rationale behind such declining and worsening real estate environment in more detail…. Read More