Commercial property developers took advantage of soaring property values at the market’s peak, using cash-out loans to pocket millions of dollars. Now lenders are left holding the bag.
Crain’s Chicago Business
2 posts
Crain’s today reported that sales similarly jumped 27.5% to 2,526, compared to 1,981 homes sold in June 2009, the 10th consecutive month of higher year-over-year sales for the city. There are future obstacles ahead though. Originally published at https://realtyevolved.net by Sherwin Sucaldito.