I just saw the existing home data for February (http://www.bloomberg.com/news/2011-03-21/u-s-february-existing-home-sales-fall-to-4-88-million-rate.html ). Sales of existing homes continues to slump. The foreclosure glut continues to drive prices down as well. There continue to be liquidity issues in the market which is further constraining new purchase transactions.
Fairview continues to lend on both residential (investment properties only) and commercial properties. We are strictly lending with our own funds and therefore have the flexibility to close transactions that other traditional lenders cannot. For more information on Colorado Lending please visit: www.cohardmoney.com , for Atlanta lending www.georgiahardmoney.com , and for Chicago lending: www. fairviewlending.com
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