Home Radio Segments Real Estate Round-up Strong Pent-Up Demand Being Throttled by Tight Lending Standards

Strong Pent-Up Demand Being Throttled by Tight Lending Standards

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Terry Story

with Terry Story, 25-year Veteran Real Estate Agent with Coldwell Banker in Boca Raton, FL

Terry explains the reasons behind strong pent-up housing demand – from buyers who want to buy and sellers who want to sell – and why strict lending standards are holding back home sales and property prices despite favorable economic trends.

Terry also talks about a boom in condo construction but how mortgages on condos are not so easy to get.

Finally, Terry gives us some sure-fire tips on how to stop paying Private Mortgage Insurance fees if you meet certain conditions.