Fannie Mae sees housing upturn as “intact”

Despite some bumps in the road, the housing upturn is “intact” and rising home prices are expected to boost household net worth and offset fiscal tightening, according to a monthly economic outlook released by economists at Fannie Mae. Tight inventories continue to restrain sales of existing homes. Although the number of homes on the market …

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Shrinking Supply of Distressed Homes Makes Room for Homebuilding

“A steady drop in distressed home sales may spell a better future for builders, Capital Economics analyst and property economist Paul Diggle says.  In a US Housing Market Update released by the firm, Diggle notes that while “a substantial overhang of properties still in the shadow inventory” will keep distressed sellers in the market, the …

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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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8 Signs Housing Is on the Mend

8 Signs Housing Is on the Mend Some Americans are still jittery over the housing market, but here are eight positive signs that should quell some of their fears. Housing prices are on the rise across the country. Foreclosures have slowed. Analysts suggest that as the supply of distressed homes slows, buyers will be forced into …

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