Drop In Investment Purchases Offsets Vacation Property Sales Gains
It seems impossible to get a clear look at the housing situation these days. Where there is hope there is despair, if good news there is bad, existing home sales plummet while new home sales climb toward recovery, ying begets yang. And in that spirit, The National Association of Realtors (NAR) just released its annual report on the sales of what we will call “additional homes,” that is vacation residences and residential investment properties. Read More Now
Freddie Mac Housing Forecast Sees Slow Recovery
With the growth of house price appreciation now stalled or even reversed, this has fueled fears that homeowners may face an inability to withdraw equity which could in turn undermine consumer spending. But, the data released on Tuesday shows that there is “ample margin for taking out cash without running down home equity.” The Outlook also provided the following insights… Read More Now
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NAR Counterpunches After 60 Minute Segment on Discount Agents
It didn’t take the National Association of Realtors (NAR) long to come out swinging at CBS after the network aired a report on discount real estate brokers. The report, anchored by Leslie Stahl was aired on 60 Minutes last Sunday and can be seen in its entirety by visiting our video news page. Read More Now
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May 17th, 2007 at 7:01 pm
[…] Drop In Investment Purchases Offsets Vacation Property Sales Gains It seems impossible to get a clear look at the housing situation these days. Where there is hope there is despair, if good news there is bad, existing home sales plummet while new home sales climb toward recovery, ying begets yang. And in that spirit, The National Association of Realtors (NAR) […] […]