Commercial Lenders Tighten Their Credit Requirements

The credit crisis, which is fallout from the subprime housing debacle, essentially shut down mortgage lending and other loans critical for real estate sales and refinancing in 2009. Commercial banks are watching delinquencies increase and vacancies continue to rise,...

Residential real estate trends

Market Trends for Lane County 2009 While Pacwest specializes in commercial real estate, we feel that it’s important to keep our clients informed of the activity in the residential arena. At October’s rate of sales, the current 1,939 active residential...