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US Real Estate
Economists Praying For Housing Recovery
By
Mike Wheatley
| June 2, 2011
Real Estate
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Residential
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US Real Estate
Rental Homes Increase in Over 500 US Cities
By
Allison Halliday
| June 1, 2011
More than 500 mid-size and large cities in the US have seen an increase in the number of rental homes, and nationally this percentage has increased from 33.8% in 2000 to 34.9% in 2010. This increase comes in the aftermath of the housing market collapse, as nearly 4,000,000 homes have been foreclosed on during the […]
Real Estate Investing
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US Real Estate
Americans Lose Interest in Home Ownership
By
Mike Wheatley
| April 20, 2011
What with the lowest housing prices in a generation, you would think that anyone in a position to buy a home would jump at the chance. But in fact, as Victoria Pauli concurs, the housing collapse has made many people think twice about home ownership.
US Real Estate
FannieMae Brings Back HomePath Buyer Incentives
By
Tavis J. Hampton
| April 12, 2011
Fannie Mae, the Federal National Mortgage Association, has revived its HomePath buyer incentives program, which provides assistance for paying closing costs on the purchase of foreclosed homes. The program requires the purchasers to actually live in the foreclosed homes they buy, so do not expect assistance if you are an investor looking to buy, renovate, […]
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US Real Estate
Top Housing Official Jumps Ship For Lobbying Job
By
Ryan Cox
| March 17, 2011
Last week David H. Stevens announced he would step down as commissioner of the Federal Housing Administration, and this week its being announced that he will be named the next chief executive of the Mortgage Bankers Association (MBA). During his two-year stint in the Obama administration, he was a key adviser on housing-finance policies. He will succeed John A. Courson, a former mortgage banker who took the helm of the MBA in 2008. Mr. Courson’s departure is seen as a unexpected upheaval to a trade association that has had an extremely vociferous three year period.
US Real Estate
GOP Begins Plans to Reduce Role of Fannie and Freddie
By
Tavis J. Hampton
| March 15, 2011
By the time the media began to reveal the extent of damage major lending institutions had done to the U.S. economy, the names Fannie Mae and Freddie Mac were about as common as Brad and Angelina. Republican legislators in Congress are now ironing out a new plan to more gradually reduce the role of Fannie […]
Featured News
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US Real Estate
Fannie Mae's Michael Williams: Clueless in San Diego
By
Phil Butler
| March 6, 2011
Fannie Mae President and CEO Michael J. Williams was at the University of San Diego at an annual discussion on the future of home lending. At the top of his agenda, the Obama Administration's plans to eliminate Fannie Mae altogether - but some side stepping was involved. However slippery Williams and other officials have become, it's clear lending may never be the same again.
Featured News
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Residential
The Home Investment Dichotomy
By
Joe Spake
| March 4, 2011
We have been hammered with news stories over the past couple of years about the part of the American Dream that has to do with home ownership. Is home ownership still an aspiration, or is it just looked upon as another bad investment? Constant hype by the real estate industry, over decades, that homes are good INVESTMENTS, brought exhilaration in the real estate market as the investment factor drove it right up to the precipice, and malaise as the market tumbled down.
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