‚ÄúTrying to sell a home in today’s market requires courage, smarts and a fair amount of humble pie-eating. It’s a buyers’ market, which means sellers are expected to roll over and grovel appreciatively over each showing their agent landed.‚Äù
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‚ÄúMCLEAN, Va., May 31, 2011 /PRNewswire/ — Freddie Mac (OTC:FMCC.ob – News) announced today that it plans to issue a new three-year USD Reference Notes¬Æ security, CUSIP number 3137EACU1, due on July 30, 2014. The issue will be priced on Wednesday, June 1, 2011, and will settle on Thursday, June 2, 2011, at benchmark size.‚Äù
‚ÄúPopular wisdom holds that people who lose their homes to foreclosure must be irresponsible deadbeats who can’t handle money.‚Äù
“Home prices began double-dipping months ago, but now that S&P/Case Shiller has chimed in, it really must be so.”
‚ÄúHomebuilders are navigating this year’s traditional selling season without the government tax rebates that a year ago infused the housing market with a short-lived burst of activity.‚Äù
“The good news is that Irvine’s home market is slowing less than Orange County’s real estate game.”
“Nationally, 34.9% of occupied homes were rented in 2010 compared with 33.8% in 2000, according to Census data. Percentages of homes rented in cities with at least 50,000 people.”
“Home prices in 20 U.S. cities dropped in March to the lowest level since 2003, showing housing remains mired in a slump almost two years into the economic recovery.”
“For all the attention given to almost $4-a-gallon gas, the biggest threat to containing U.S. inflation may be the shift away from homeownership, which is pushing up the cost of leases across the nation’s 38 million rented residences.”
“(Reuters) РSingle-family home prices dropped into double-dip territory in March as the housing market remained bogged down by inventory and weak demand, a closely watched survey said on Tuesday.”
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