Now Anger Meets Fear
Abstract
Median rental prices in the first quarter fell 26% according to Jonathan Miller, CEO of Miller Samuel. Brokers say some owners are slashing prices by 30% or more just to fill their properties. ‘There is a tremendous amount of inventory and people are not renting it,’ said Enzo Morabito of Douglas Elliman. The Orange County Register says a low-entry mortgage may be a salve for high inventors. For the most part I get it — Toronto real. But there is another factor showing price growth was slowing. This is where the mortgage lender’s valuation was slowing – down valuations. The mortgage lender's valuation is lower than the asking price. � ‘but there is also another factor Showing price growth is also slowing –down valuations,” says EnzoMorabito.
