The National Association of Realtors® ( NAR ) announced on Monday that it is launching a new campaign , reaching out to consumers "with the facts about homeownership and the value of real estate as a long-term investment." NAR's Public Awareness Campaign is centered around a new website, www.HousingMarketFacts...
We will give only a passing nod to Freddie Mac's Economic and Housing Market Outlook for May as much of it deals with the Quarter 1 report on cash-out refinancing which we already covered in detail here on Tuesday. However, a few things are worth noting. First of all, as regards the cash-out data, the...
Will the economy return the favor? The April 2007 Economic Outlook issued by Freddie Mac credits the housing market with pulling the overall economy through the recession in 2001 and restoring it to a vigorous pace of growth over the following years. Now, with the housing sector floundering, can the...
Slower economic growth and rising inflationary pressures are cited as competing trends in the U.S. economy by Freddie Mac in its monthly Economic Outlook for August which was released on Wednesday. The report contrasted the growth in the economy during the first half of the year which was perking along...
The housing market threw the world another curve on Thursday. After five straight months of declining sales of existing homes, a sixth dreary month was pretty generally expected. Instead the National Association of Realtors announced that February sales of previously-owned homes had jumped 5.2 percent...