The Worlwide Effect of the US "Mortgage Crisis"

Real Estate Agent with REeBroker CA Lic #01341858

I came across this interesting article talking about the Russian mortgage market, and how it may (or may not!) be effected by the sub-prime collapse here in the United States.  It's pretty interesting stuff if you follow mortgage news.

In other news, a somewhat-not-as-dark-as-the-rest-of-the-market-sort-of-bright spot in the market is smaller, trendy homes.  As a response to the retail credit squeeze, builders are shrinking down both pricetags and floorplans, hoping to make up the difference in volume...

Comments (2)

Eric Anderson
Eric Anderson Realty Group - Fayetteville, NC
Fort Bragg Military Relocation Services, Fayettevi

Christina, nice article.  The sub-prime fallout is weeding out the pretenders.  Also, I love the use of snapshot. 

Eric Anderson, Team Leader
Keller Williams Realty - Fayetteville  

Oct 07, 2007 08:57 AM
Christina Botteri
REeBroker - Roseville, CA

Thanks, Eric...

I came across Snap Shots just today.  It works really well.

Christina :)

Oct 07, 2007 09:08 AM