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Why Fannie and Freddie Aren't Going Away Anytime Soon
Tweet Share on Facebook February 5, 2013 CommentFannie Mae and Freddie Mac, the two formerly private mortgage giants, have been in limbo since 2008 when the federal government took them into conservatorship.
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With CFPB Appointment In Limbo, So Is the Housing Recovery
Tweet Share on Facebook January 31, 2013 CommentIt has been my belief from day one that any real economic recovery must have housing at its core.
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Case-Shiller: U.S. Home Prices Continue to Climb
Tweet Share on Facebook January 29, 2013 CommentSingle-family home prices in the nation's 20 largest metro areas rose year over year in November by the most in more than six years, an industry group reported Tuesday, adding further credence to the notion that the housing recovery is strengthening.
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Dwindling Supply of Homes Pinches Pending Home Sales
Tweet Share on Facebook January 28, 2013 CommentA record-low inventory of homes for sale muted signed contracts to buy existing homes in December according to an industry report released Monday, a sign that a stronger "sellers' market" could be building across the country.
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CFPB to Banks: Just Play Nice In the Sandbox
Tweet Share on Facebook January 25, 2013 CommentI have come to keep my expectations low every time a new housing fix gets unveiled, that way I am never disappointed.
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In the Wake of the Housing Bust, Fewer Young Homeowners
Tweet Share on Facebook January 22, 2013 CommentWhile 2012 marked a turning point for housing in terms of prices and new construction, the scars left by the Great Recession and housing crisis are still apparent today.
One of the most glaring impacts is homeownership rates across the country, which have fallen significantly as a result of the housing crisis. According to the Census Bureau, the homeownership rate stood at 69.2 percent at the end of 2004. By the third quarter of 2012, it had fallen to 65.6 percent.
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Existing-Home Sales Slip in December
Tweet Share on Facebook January 22, 2013 CommentDespite optimism that pent-up demand for housing was finally filtering into the market, existing-home sales eased slightly in December, according to an industry report released Tuesday.
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Housing Recovery Bailed Out 1.4 Million Underwater Homeowners in 2012
Tweet Share on Facebook January 18, 2013 CommentOne of the most significant effects of the nation's housing bust has been the swelling ranks of underwater borrowers trapped in homes worth far less than they are worth.
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Builder Confidence 'Close to Tipping Point'
Tweet Share on Facebook January 16, 2013 CommentSentiment among home builders held steady in January according to data released by an industry group Wednesday, evidence that the battered construction sector is weathering a recent cold spell in the housing market.
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Expensive Taste: Rich, Single Women Buying More Multimillion-Dollar Homes
Tweet Share on Facebook January 11, 2013 CommentWomen are becoming an increasingly potent force in the luxury real estate market and a recent report shows their ranks are likely to swell in coming years.
As highly educated women experience increasing professional success—and ballooning bank accounts to match—realtors across the nation are seeing an uptick in the number of female buyers interested in luxury real estate.
Women now control $20 trillion in consumer spending worldwide, according to the Coldwell Banker Previews International Luxury Market Report and incomes for women worldwide are expected to jump $5 trillion—the combined GDP growth of China and India—over the next five years. Many women are also poised to benefit from the largest transference of wealth in history as retirement and inheritances from parents and spouses loom.
