Posted on Monday, October 15, 2012 at 2:53 pm CDT
Irresponsible lending and in particular sub-prime mortgages were a contributory factor to what became a global economic crisis, and the worst American depression since the 1930s. These large-scale repercussions are commonly known, but fewer people understand the nuances of how this has directly affected the housing market the problem started in, and how property buyers and sellers now face new challenges and opportunities in a turbulent market. Short Sale California is one of the first real estate websites to focus on the impact of these trends on the housing market.
Source: Short Sale California