Happy Labor Day readers! I have been vacationing out of town the past week, hence the lack of posts.
I am now back at office; so let’s begin with a few national real estate-related stories that came across my screen last week. Enjoy the Labor Day holiday today.
- from Reuters: Stronger hiring boosts outlook for U.S. home sales: Reuters poll
- from Freddie Mac: 30-Year Fixed-Rate Mortgage Hits Year’s Low
- from Freddie Mac: Mortgage Rates Remain Low Heading Into Holiday Weekend
- from RealtyTrac: Home Price Appreciation Slows in 65 Percent of Housing Markets in July Compared to a Year Ago – Distressed Sales and Short Sales Down to 13.6 Percent of All Sales; U.S. Home Sales Volume Down From Year Ago for Third Straight Month
- from the National Association of Home Builders: New-Home Sales Down 2.4 Percent in July
- from Feddie Mac: Three Reasons Why Mortgage Originations are Down
- from Housingwire: WATCH: FHFA Director Watt ensures HARP is “not a scam” — 800,000 families still eligible for HARP