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foreclosures Real Estate 87 Blog; October, 2011 Archive; Real Estate 87 Blog | -- ../../local/real87/foreclosures10/05/11 08:05
The buying and selling of real estate properties especially luxury homes has been really slow in California. However, there is a new trend that is rising in California, that of leasing luxury homes. Most luxury home buyers now opt to lease their homes for $10,000 per month or more instead of facing foreclosure. Leasing to this type of houses was reported to have increased by 15% in April. Why not? Many are uncertain about the real estate condition, can't afford a house or are not qualified for mortgaging luxury homes. Link: Trendy to Lease Not Buy a Luxury Home in California (le
Tags: luxury homes • home lease • real estate market • foreclosures •
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