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John Burns Sees Distressed CREs Dual Effect on Housing

post from Housing Wire on 16 October 2009 04:22:13 PM. © Housing Wire

The pain felt in the distressed commercial real estate (CRE) sector will affect the residential mortgage industry on two fronts. The affects range from banks’ disposition of residential assets to a reluctance to lend to the residential sector at all, according to commentary Friday by John Burns Real Estate Consulting.The consulting firm indicated banks may [...]

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