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Archive for the 'real estate' categoryBlame game: The housing bustThe quotes below are from a review of a new book by Raghuram Rajan, former chief economist at the International Monetary Fund, called “Fault Lines: How Hidden Fractures Still Threaten the World Economy.” A sample: Karl Case: Housing Starts ‘Dead Flat in the Mud’Economist Karl Case was interviewed by BusinessWeek regarding housing starts, which he says is “dead flat in the mud.” Here’s an excerpt on why Case thinks housing starts are slow: A dog storyWhat happened to that dog? You know, the canine named “Trouble,” the beloved Maltese poodle left behind by the late Leona Helmsley, who died in 2007. From the WSJ blog: Economic IllustrationsSuperb, hard-hitting collection of art from Dee’s Illustration.com. There are many more where these came from. 2010 Homes Sales Depend On JobsThe following commentary was wrriten by Lawrence Yun who is the chief economist of the National Association of Realtors: Mortgage rates likely to rise soonThe government will soon scale back stimulus programs that have kept mortgage rates low, business reporter Walter Hamilton says. Buying a house is likely to get more expensive. Read the story here. Over 50% MA Real Estate Sales – 1st Time BuyersAccording to a new study 50% MA home buyers in 2009 were made by first-time buyers. Real Estate Foreclosure – UpdateFrom Jon Prior at HousingWire: Mortgage Delinquencies Pass 10%: LPS |
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