With the real estate market experiencing surging prices, scant inventories and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down --
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onto Best Florida Real Estate Scoops April 23, 2021 12:05 PM
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I agree, 15 years ago, loose mortgage lending practices ultimately brought down some of the nation’s largest banks and mortgage companies. Since then, standards have been raised and the process of obtaining a mortgage is now more transparent. The “anyone who can breathe, can get a loan, is now illegal; now borrowers undergo stricter income, credit and asset checks. Me, I am banking on eventually getting back to a stable real estate market on the Brevard FL Space Coast.
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