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The noted science fiction writer Ursula K. LeGuin might have been referring to the present day when she opined that “the only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next.” With all due respect to Ms. LeGuin, I think most of us have had...
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Home prices fell faster in the first quarter of this year than at any time since the worst of the housing crisis according to the Real Estate Market Report released by Zillow. The Seattle firm's Home Value Index fell to $169,000, down 3 percent compared to the fourth quarter of 2009, the largest quarter...
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Peter J. Wallison's recent article in the Wall Street Journal on government support in the residential housing market, " What's So Special About the 30-Year Mortgage ? ", is an interesting academic exercise but it has no relevance to the reality of the U.S. housing market. While it is true that, for...
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Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories Fixing the Housing Market: Subsidize Responsible Homeowners We are dumping millions of dollars to support people who are in trouble on their mortgages, in many cases these are people who over stretched to begin... - Community Commentary...
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Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories Realtors See Broad Based Stabilization in Housing Demand The NAR's comments sum up the month best: “The home buyer tax credit has been a resounding success as these underlying trends point to a broad stabilization... - MND NewsWire...
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Home Today's Headlines ATW Forums Q&A Mortgage Rates Top Stories Fixing The Housing Market: A Foreclosure Prevention Alternative Jonathan Spurr, a like-minded colleague of mine and a wholesale account rep for 18 years came up with this idea which we just pitched to the Arizona Department... - Community...
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02/24/10 The slow recovery of the housing market has helped luxury homebuilder Toll Brothers (TOL) post a narrower fiscal 1Q loss.
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Home prices across the nation improved for their fourth consecutive month in May but remain about 17% lower than one year ago, according to the S&P Case-Shiller Home Price Index. The 10-City and 20-City Composites are 16.8% and 17.1% lower, respectively, compared to May 2008. Historically, those...
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The S&P/Case-Shiller Home Price Indices report shows some encouraging signs. Maureen Maitland, of Standard & Poor's, discusses the report in detail.
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Another promising sign in the troubled housing market. Sales of new homes rose by 11 percent in June - the largest amount in more than eight years and at the strongest pace since last November. (July 27)
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Investors are getting more clues about the health of the housing market, and CNBC's Diana Olick has the details.
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Credit Suisse Ups KB Home But Still Sees Losses; Hovnanian Mothballs 9,799 Lots, Toll Shelves 33 Communities (Bloomberg News)
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Markets soar on news of better than expected home sales and earnings. Discussing whether the good news will continue, with Dean Curnutt, Macro Risk Advisors and Thomas Lee, JPMorgan; with CNBC's Diana Olick.
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Existing Home Sales Rise for Third Straight Month - Analysis and Discussion with Chris Mayer of Columbia Business School (Bloomberg News)
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After months of low rates some of which broke long-time records, mortgage interest rates shot up drastically during the week ended June 4. Freddie Mac released the results of its Primary Mortgage Market survey this morning, showing that the 30-year fixed-rate mortgage (FRM) for the week averaged 5.29...