â€œSince the start of the â€˜Great Recession,â€™ many former homeowners have fl ooded the rental market.
Following the principles of supply and demand, renting has become relatively
more expensive than buying in most markets,â€ said Pete Flint,
CEO and co-founder of Trulia. â€œThough necessary for achieving true
economic recovery, stricter bank lending practices have also further
aggravated the struggling housing market in the short term. Even
highly-qualifi ed home buyers face intense scrutiny on their income,
savings, existing debt and credit history before they can get a
Cities overwhelmed by foreclosure fi lings and unemployment,...Read More>
Also in this Issue, Color Trends for 2011 and What You Can Do To Save On Your Household Energy.
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