Stability In the Housing Market

September, the month that started our real estate stabilization, brought new home builders and a sense of hope that the worst recession since the 1930s may be steadying. At the same time, foreclosures hit a record high with Bank of America and investigations into JP Morgan Chase and Ally Financial. “At least we’re making some progress here,” said John Herrmann, senior fixed income strategist at State Street Global Markets in Boston. “It’s a slow, steady-as-she-goes improvement in builder activity.” With the increase in foreclosures and new home builders, the corporate housing industry has been inundated with an influx of requests for temporary housing. Whether people are remodeling their houses or in transition, LA Furnished Apartments has stepped in with beautifully furnished apartments in apartment communities that feel like home. With a remodeled kitchen, new appliances, a flat screen TV, pool and gym, home is a classy yet comfortable place to be.


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