Consumer Attitudes on Housing Continue

Consumer Attitudes on Housing Continue Summer Season’s Gradual Upward Trend Americans’ Overall Economic Sentiment Shows Marked Improvement, Some Areas Post Record Highs Results from Fannie Mae’s September 2012 National Housing Survey show Americans’ optimism about the recovery of the housing market and with regard to homeownership continued its gradual climb, bolstered by a series of …

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Federal refinance plan in the works for underwater borrowers?

It looks as if a federal plan is in the works to help underwater borrowers with mortgages not backed by Fannie Mae or Freddie Mac.  The proposal, outlined in President Obama’s State of the Union address, would help millions of homeowners in America.  Borrowers would need a minimum credit score of 580 to be eligible.  …

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Newport moves closer on affordable housing

Area for development is near John Wayne Airport, where a total of 2,200 homes are allowed. Agreeing to lift constraints on affordable housing development, Newport Beach officials have received tentative approval of the city’s housing blueprint. Regulators from the state Department of Housing and Community Development said last month that the city’s moves would bring …

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Five bright spots in real estate recession

The real estate market meltdown was much more severe and has lasted much longer than even the most bearish housing market observer would ever have predicted. Rather than values taking a dip, they’ve taken a double dip in many places; and the housing sector drama has infected the job market and the entire world’s economy. …

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