Established in 1911, Douglas Elliman Real Estate is the most important brokerage within the New York Metropolitan space and the second largest independent residential real estate brokerage within the United States by sales volume. RealtyTrac’s v p Rick Sharga declared that the flood of foreclosures arose from huge increases in monthly funds for debtors that accepted high-threat mortgages and likewise the steep decline in residence values that discouraged individuals from refinancing their homes.
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