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Laurie Manny,  in Long Beach, CA

Has the sub prime situation affected prices in the Oakland County Real Estate market?

Asked by Laurie Manny, Long Beach, CA Tue May 15, 2007

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Not much, though credit standards will be tightening for sub prime borrowers so they will begin to have less option. The automotive industry has long been the primary factor to influence the housing market in Oakland County. This is changing, but it is still the major player.
5 votes Thank Flag Link Wed May 16, 2007
Maureen Fran…, Real Estate Pro in Birmingham, MI
Credit standards seem to be tightening up all over.
1 vote Thank Flag Link Fri May 25, 2007
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