Daily Archives: December 4, 2008

Time to Get into the Water! Real Estate is now UnderValued

Compared with their long-term fundamental values, U.S. homes are now 3.8% undervalued,  economists said Wednesday.    “With no end in sight to the downward spiral of house prices, it is likely that the long-anticipated market correction will now overshoot fundamental … Continue reading

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NAR is Pushing Treasury to Lower Rates

According to the National Association of Realtors, “An effort by the NATIONAL ASSOCIATION OF REALTORS® to spur home sales through a mortgage-interest rate buydown appears to be gaining traction. Reports in major news media like the Washington Post and Wall … Continue reading

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