Posts Tagged with real estate mn
In the US, housing starts increased 1.1 percent to a 10- month high of 635000 at an annual rate in November, with CNBC's Rick Santelli. Hints of Improvement report from Minnesota here...
The housing market is one of the most critical elements outside of unemployment that is critical to our nations recovery. Finally, someone has called the White House on the carpet on behalf of home-owners. As the best advocates of home ownership rights, the National Association of Realtors President Ron Phipps calls President Obama for a Housing Summit prior to any proposed legislation and regulatory rule changes that could further put the housing crisis into a tail spin. Read more here...
On another note, President Obama promotes another program that will focus on improving the re-finance criteria for credit worthy individuals who have been meeting their mortgage obilgations even if the borrower is in a short equity position. The new program/guidelines would be one of the first positive moves for credit worthy borrowers wanting to stay where they currently are living. This program should instill more consumer confidence into the marketplace. Details here...
