It’s been said that we’re in a seller’s market right now, but it appears that some sellers may be taking that belief a little too far. Overpricing a home could drive away many potential buyers, especially those with limited credit access. Not all of us can get jumbo loans.
Builder confidence in the 55+ housing market showed continued improvement in the third quarter of 2013, compared to the same period a year ago, as buyers and renters were attracted to more desirable communities.
Layton has over 35 years of experience in financial services and as a corporate leader. He worked for nearly 30 years at JPMorgan Chase and its predecessors, starting as a trainee and rising to vice chairman and member of the three-person Office of the Chairman, retiring in 2004..
"The questions become, ‘Do the courts find a distinction between housing policy and lending, as in whether to make a loan and how you price that loan? Does the government get broader discretion than the private sector?’ ” Andreano said. “It’s not fleshed out.” Read More