Carlyle Financial founder Robert Cohan discusses the recent influx of homebuyers in an article featured on Investors.com. Read the excerpt below, and view the entire article here.
IMAGE CAPTION: Home prices continue to rise as inventory levels remain low, but most experts don’t see a bubble brewing. Pictured is a home in Indianapolis on April 9, 2013.
… “I have not seen the market slow down at all over the past month,” said Robert Cohan, president of mortgage bank Carlyle Financial in Beverly Hills, Calif. He focuses on homes from $1.5 million to $2.5 million.
“From the clients I’m dealing with on a daily basis, the number 4 (percent mortgage rate) still sounds very attractive to them,” Cohan said.
Read the rest of the article here.