Here are a few national real estate-related stories that came across my desk this week…
- from Inman News: Forecasters say home values will jump 6.7 percent this year
- from The Wall Street Journal: Mortgage Delinquencies Hit Five-Year Low
- from USA Today: Closing Fannie, Freddie could up mortgage rates
- from HUD.GOV: Obama Administration Releases July Housing Scorecard
- from Reuters: Insight: Flip that mansion: investors see riches in luxury U.S. homes
- from Reuters: PNC subpoenaed on foreclosure costs; mortgage pricing probed
- from The Wall Street Journal: Why Home-Price Growth Will Slow
- from Bloomberg: Home sales buoyed by repeat buyers
- from AOL Real Estate: Tight Mortgage Rules Are Putting Even the Rich in a Pinch
- from The Wall Street Journal: Housing Inventory Rose in July
- from CNNMoney: Affording a home harder for average buyer
- from Redfin: Homebuyer Demand Cools Further Heading into August
- from CBS MoneyWatch: Is there a stigma with home “short sales”?
- from Yahoo! Finance: Are 20-somethings ready to buy a home?
Piotr
comments: still not seeing more than 20 per week defaults in news rag.
Newly wed kids I work with expressing frustration with the current home buying process. Banks won’t sell repos, still many cash buyers flipping houses, not a lot of DECENT inventory new or used. You Can buy all you want in the 250 K and above ranges.