BANKS HAVE THE MONEY, BUYERS RETICENT TO USE IT
Posted on February 10th, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Discussions with several of the major banks this past week have unearthed the fact that each is sitting on more pre-approved mortgages than at any time since 2006! While they cannot refer to formal research as to why buyers are not moving, anecdotal reports coming from their branches indicate buyers are being very selective and […]
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