* NAR revised the ‘pending home sales’ data DOWN..2.8% for Jan and 1.5% year over year. This is an important statistic to follow because its a clear indication what direction the market is headed. Few pendings = fewer closings = more price drops = more underwater owners = more distressed sellers who will need to see via a short sale to avoid a foreclosure. Watch the FREE Agent Short Sale Secrets video and download the FREE Short Sale training guide now.
* Fannie Mae reports results from a recent survey: 64% report that they feel housing is a ‘safe investment’….that is actually a slight improvement over this time last year.
http://timandjulieharris.com/2011/02/28/fannie-mae-reports-64-feel-housing-is-a-safe-investment-nar-pending-home-sales-data/
* Fannie Mae reports results from a recent survey: 64% report that they feel housing is a ‘safe investment’….that is actually a slight improvement over this time last year.
http://timandjulieharris.com/2011/02/28/fannie-mae-reports-64-feel-housing-is-a-safe-investment-nar-pending-home-sales-data/
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