Here are a few national real estate-related stories that came across my screen this week…
- from Bloomberg News: First-Time Buyers Shut Out of Expanding U.S. Home Supply
- from the Financial Times: Record Income Gap Fuels U.S. Housing Weakness
- from the National Association of Realtors: Home-Price Gains Decelerate in Many Metro Areas during Second Quarter
- from FreddieMac: Freddie Mac August 2014 U.S. Economic and Housing Market Outlook
- from RealtyTrac: U.S. Foreclosure Activity Increases 2 Percent in July
- from Inman News: Fannie and Freddie REO inventory down 45 percent from peak
- from Housing Wire: Rising rent squeezes Middle America — Rent growth in heartland shocks residents
- from RISMedia: 10 Cheapest States for Mortgage Rates
- from FannieMae: First Phase of Housing Recovery Decelerates as Consumer Caution Continues
Lynne B Reno
the US is becoming a renter nation, welcome to neo-feudalism, goodbye middle class