Mortgage Giants Set to Loosen Lending

WSJ – Fannie Mae , Freddie Mac and mortgage lenders are nearing an agreement that could lower barriers and restrictions on borrowers with weak credit, a move that would expand access to home loans amid the sluggish housing recovery. The move by the...

Investor Sentiment Remains Near All-Time High

Marcus Millichap – Confidence is driving more capital to commercial real estate. Investors are very bullish on the outlook for the commercial real estate sector, and they are backing up that confidence by investing more capital.  Exclusive results from the third...

America’s Missing Wealth

(Forbes) “COMPOUND INTEREST is the eighth wonder of the world.” Did Albert Einstein say this? He should have. It’s true. Few grasp compounding’s power. Or they do, but the need for quick gratification overwhelms their good sense. On the radio someone asks Dave Ramsey,...

Highest Sale and Contract Prices per Square Foot

(NAHB) – Looking at single-family homes started in 2013, new NAHB research quantifies regional differences in sale and contract prices per square foot. The prices excluding lot values range from $145 per square foot for contractor-built homes in the Pacific...

Detroit Homeowner: I’ll Trade House for a Smartphone

(Newser) – Want to buy a fixer-upper in Detroit? Probably not, but if you change your mind there’s a three-bedroom available in east Detroit for an iPhone 6, ABC News reports. Real estate broker Larry Else admits there are problems, like no front door,...

What The Middle Class Doesn’t Understand About Rich

Business Insider – Few people in the middle class really understand the mindset of the richest people. After all, if they did, they would be among the top earners as well. We’ve all heard the remarks: Rich people are lucky, rich people had an unfair advantage,...
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