The demand for office spaces across the country was up by 19 per cent in the third quarter (July-Sept, 2009) over the previous one. Bangalore witnessed the highest demand in the third quarter with 2.3 million sq.ft. followed by Mumbai at 1.2 million sq. ft. However, the gap between supply and demand increased to over [...]
Foreclosure problem arises due to bad lending practices at the beginning of the lending process. There was a time when people considering buying a home had to show a significant down payment, as well as one year of work pay stubs and other proof of income and asset. This helped people know about financial resources [...]
Most of the people are searching homes, apartments, townhouses, or other properties on rent or they want to fill their needs of searching a home quickly. But today it is quite hard to find the place of your choice as per your economic budget. Every day, thousands of renters find the best way to get [...]
Real estate can be a tricky sea to navigate for homeowners, especially with respect to mortgages. Keeping up with steep monthly payments can be extremely challenging for many. The sub-prime crisis of 2008 had the economy flooded with cases of foreclosures. A foreclosure is the legal process that terminates an owner’s right to a property. [...]
The last several months have seen no good news regarding the economic conditions of the country. The real estate crash has been followed by the recession now. The dollar has weakened considerably. This seems to bring some solace to the market as it could mean potential relief in the form of foreign investors. The very [...]