Tuesday, April 17, 2012

Morning Real Estate Review

Realtors Call for Broad Qualified Mortgage Definition to Help Consumers and Housing Market (Market Watch) A narrow definition of the impending Ability to Repay regulation could harm consumers and the housing market recovery, according to the National Association of Realtors.

Builder Confidence Slips Three Notches in April (Woodworking Network) Builder confidence in the market for newly built, single-family homes declined for the first time in seven months this April, sliding three notches to 25 on the National Association of Home Builders/Wells Fargo Housing Market Index.

Romney is right: abolish HUD
(Forbes) HUD's dual mission of subsidizing home-buying for the rich and the poor counteract each other, with bills paid by the American taxpayer.

U.S. homebuying season showing signs of a recovery (lohud.com) If not measured in better sale prices, the feeling of optimism is returning to homebuyers nationwide, if recoveries can be measured in hope.

March prices up 5.8% from last year (Housingwire) Home prices in 53 cities is up 5.8%, the 2nd consecutive month of increases after 18 consecutive months of decline.


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