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Housing Forecasts

Risk Returns to Home Values

In light of the tremendous losses in equity homeowners have suffered over the past six years and the continued uncertainty surrounding the housing market, the economics of home ownership will make sense only if equity can be protected, Scott Ryles, CEO of Home Value Insurance Company, told the nation’s leading real estate journalists attending the 46th Annual Meeting of the National Association of Real Estate Editors. Read More »

Recovery Has Yet to Arrive

The stage is set for the nation’s housing economy to recover, but the recovery has not yet begun. That’s the consensus of a Webinar today from three of Standard & Poor’s economists after presenting the latest data. Read More »

Weaker Home Sales Seen in 2012

Record low mortgage rates are failing to generate stimulate mortgage applications for home purchases, which are down 3.9 percent below last year’s level. As a result, last week the Mortgage Bankers Association lowered its 2012 estimate for home sales. Read More »

FHA Foreclosures Soared in April

FHA foreclosures rose 73 percent in April, driven primarily by defaults of loans made in 2008 and 2009 vintage loans, raising new questions about the solvency of the popular government program, which accounts for about a third of all new mortgages. Read More »

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