News

Washington, DC - November 17, 2010 - (RealEstateRama) -- Although the recent trend of rising long-term borrowing rates may mean higher mortgages for consumers in the coming months, the greater obstacles to housing market recovery are job creation and availability of credit, according to a National Association of REALTORS® analysis.

Many salespeople are overlooking fast-growing demographic groups containing large swaths of underserved consumers, says Frances Martinez Myers, senior vice president of business development at Prudential Fox & Roach.