Sellers defaulting in the red may sell but its not always a firesale price. Buyers waiting on the sideline, you can get ready but dont keep waiting... Employment scene is still healthy although the Swiss decided to unpeg themselves from Euro... Everything is worth monitoring ... Quote : More defaults are also probable, though for the moment it’s only a small proportion of landlords who are facing difficulties with their mortgages. Less than 0.5 per cent of all mortgages were in default, according to the Monetary Authority of Singapore’s latest financial stability report, published in December. Those in arrears — with loans that are more than 30 days past their due — made up less than 1 per cent of mortgages Www.marielam Branch Division Director ERA Realty Network Pte Ltd 84881168
Posted on: Sat, 17 Jan 2015 00:30:17 +0000