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Existing Home Sales Reflect Dwindling Investor Participation

by devteam September 22nd, 2014

The investors who kept the real estate market living and breathing through the worst days of the housing crash continue to drift out of the market the National Association of Realtors® (NAR) said on Monday. As a result of this and other factors the

Lenders Expect Easing in both Mortgage Demand, Credit Standards

by devteam September 20th, 2014

In its latest Mortgage Lender Sentiment Survey Fannie Mae detected an interesting switch in attitudes and opinions in two areas. The third-quarter survey, the third since Fannie Mae originated the series last March, found that large lenders expect to

Plummeting Housing Starts Data Not as Scary as it Looks

by devteam September 19th, 2014

Housing starts 'plummeted' in August the Census Bureau said today, falling 14.4 percent from the revised seasonally adjusted annual rate of 1,117,000 units in July to 956,000 units. The abrupt change, however was driven by a 31.5 percent decline in initial

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