Real Estate 87 Blog October Archive blog.topic

Rising Trends in Home Leasing in California

10/05/11 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 •
0 Comments. - Permalink