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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Trulia: Housing Recovery Nears Halfway Mark

The housing market recovery is nearly halfway to a normal real estate market. At least, according to Trulia and their Housing Barometer. October had the largest increase since Trulia began tracking recovery a year and a half ago. All three levels (delinquency and foreclosure rates, existing home sales, and construction) that the Housing Barometer tracks …

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Fannie Mae Releases Forecast on Housing, Economy

“Given improvements seen in housing, Fannie Mae revised its housing forecast higher for 2012 and 2013 in its November economic outlook report. According to the GSE, the fundamentals are set in place for a “solid” housing recovery, such as low interest rates, rising prices, and a labor market that’s healing. Considering these developments in housing, …

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2012 Housing Market Prediction by CoreLogic

Two prominent home-price indices continued to show declines in September and October, with one outlook indicating no more than flat growth in the next two years. A home-price index report from loan data aggregator Lender Processing Services showed the national average sales price for single-family homes fell 4.4 percent year over year and 1.2 percent …

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