Financing and the availabiity of funds plays a critically important role in the real estate industry. What are we seeing in California right now in terms of availability of funds and the effect on the real estate market?
Is it apparent that the real estate market drives the availability of more money for borrowers and re-finances or conversely is it the opposite with financing and the availability or lack of availability of funds that controls the real estate market. Kind of a chicken and egg question!
Who controls this?