BrokerageIndustry News

Foreclosures to be hot niche in ’07

Distressed borrowers bring agents new opportunities
Published on Dec 15, 2006

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by CareyBot

Adjustable-rate mortgages with interest-only options have driven much of the buying activity over the last five years. With a slowing market, some owners may find that they owe more than their property is worth. In 2007, approximately 9 million adjustable-rate ...