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Homebuyers were Busy in January; Pending Sales Rise

by devteam February 27th, 2015

Even though sales of existing homes dropped by 4.9 percent in January buyers were apparently out shopping and seriously so. The National Association of Realtors® said that its Pending Home Sales Index (PHSI) climbed to 104.2 in January, a 1.7 percent

By Any Measure FHA's Role is Shrinking

by devteam February 26th, 2015

The Federal Housing Administration (FHA) saw its share of the mortgage market soar to 72 percent of all mortgages issued in 2008 as other lenders pulled back and FHA moved into one of the two roles it was designed to fill, as a counterforce providing

Q4 Home Price Gains Outpace Inflation -FHFA

by devteam February 26th, 2015

The Federal Housing Finance Agency (FHFA) said today that home prices in the fourth quarter of 2014 were up 1.4 percent compared to the previous quarter and 4.9 percent from the fourth quarter of 2013. The fourth quarter was the fourteenth consecutive

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