Home sales rise in Riverside County May 20,2008

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

...Delores Conway, director of USC's Casden Forecast, said although home financing opportunities have improved since the credit crunch began in August, most of the benefit has been for buyers of lower priced homes.

She said it is more difficult for prospective buyers to qualify for so-called "jumbo" mortgages, which are above $500,000 in Riverside and San Bernardino counties...