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Tag Archives: homes

Closing Fannie, Freddie could boost mortgage rates

WASHINGTON — Homebuyers could feel the pinch if Congress follows through on plans to shut down Fannie Mae and Freddie Mac, the government-controlled mortgage guarantee giants that were rescued by a $187 billion taxpayer bailout during the financial crisis. Borrowers ...

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Realities of Real Estate: Checking halftime stats on market (access required)

Are you ready for some football? It’s hard to believe, but it’s already that time of year. Last weekend, we had the first preseason game. And just a month from now, our Super Bowl champion Baltimore Ravens will kick off the regular season when they go to Mile High Stadium to hopefully hand the Denver Broncos their first loss. When the pigskins in play, you know the year is half over. As a result, we thought it would be a good time to see where we are with real estate and whether 2013 will shape up to be a winner.

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Home prices rise 12.2 percent, best in 6 years

WASHINGTON — U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday ...

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Home sales dip but remain near 3½-year high

WASHINGTON — U.S. sales of previously occupied homes slipped in June to a seasonally adjusted annual rate of 5.08 million but remain near a 3½-year high. The National Association of Realtors said Monday that sales fell 1.2 percent last month ...

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Builders start work on fewer homes in June

WASHINGTON — U.S. builders started work on fewer homes in June, mostly because apartment construction fell sharply. But applications for permits to build single-family houses rose to the highest level in five years, suggesting the housing recovery will continue. Developers ...

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Homebuilder confidence, sales outlook soar

U.S. homebuilders are feeling more optimistic about their home sales prospects than they have in more than seven years, a trend that suggests home construction will accelerate in coming months. The National Association of Home Builders/Wells Fargo builder sentiment index ...

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