Monthly Archives: January 2013

optimism in the housing market

That’s a good thought as we watch the housing market, once doomed to failure, turn into a more successful enterprise. A national online real estate site surveyed more than 100 professional forecasters — economists, real estate experts, and investment and … Continue reading

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New mortgage rules: ‘qualified’ gets its close-up moment

New mortgage rules set to be unveiled Thursday by the Consumer Financial Protection Bureau will spell out how lenders must ensure that borrowers can repay their home loans. The rules, which go into effect next January, were designed to enhance … Continue reading

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Homebuilders, Realtors finally playing from the same page

A recent market study by Builder Homesite Inc. (BHI) concluded that “shoppers are reluctant to navigate the homebuying process on their own and intend to work with a Realtor. The vast majority (84 percent) intend to use a Realtor (when … Continue reading

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Jobs gain through throes of the cliff

Private-sector employment increased by 215,000 from November to December, on a seasonally adjusted basis. (The estimated gain from October to November was revised up from the initial estimate of 118,000, to 148,000). Highlights Small businesses (1-49 employees) +25,000 Medium businesses … Continue reading

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Good News

… If you need some encouragement to follow the advice of the inventor of the automobile starter motor, look to last week’s November New Home Sales, UP 4.4% to a 377,000 annual rate, and now UP 15.3% versus a year ago. … Continue reading

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