Archive for January, 2016


Study finds gap between homes buyers want, what’s available

WASHINGTON — Few neighborhoods can match the perks of Adams Morgan in Washington, D.C. — a reality that reflects a broader problem for the U.S. housing market. Residents of Adams Morgan enjoy a bevy of bars, restaurants, exercise studios and shopping, just steps from their row houses and condo buildings. Home values are reasonable relative […]

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Metropica condo gets conditional Fannie Mae approval

The first condominium building at the $1 billion Metropica development in Sunrise has received conditional approval from government mortgage company Fannie Mae, a designation that makes the project more appealing to buyers in need of financing, industry professionals say. YOO at Metropica buyers will be able to qualify for mortgages with as little as 5 […]

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Freddie Mac: Housing Market Continued To Improve In November

The health of the U.S. housing market continued to improve November, according to Freddie Mac’s Multi-Indicator Market Index (MiMi) report. The index score as of the end of November was 82.5, which represents an improvement of 0.82% compared with October. During the three-month period from September through November, the index score improved by 2.09%. Missouri […]

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Pending home sales inch up in December

Pending home sales inch up in December This Tuesday, Jan. 26, 2016, photo, shows a “For Sale” sign hanging in front of an existing home in Atlanta. On Thursday, Jan. 28, 2016, the National Association of Realtors releases its December report on pending home sales, which are seen as a barometer of future purchases. (AP […]

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Local Realtor Earns Professional Designation

Local realtor Hannah Johnson was recently awarded the highly acclaimed national Graduate Realtor Institute (GRI) designation. Johnson, of Carriage Realty, Inc. in Lake Elmo, joins other top realtors in the residential real estate industry from across the nation who hold this designation. “The real estate industry is so complex and is always changing, which is […]

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City Leaders Call On Fannie Mae To Stop Sale Of Delinquent Mortgages

City Leaders Call On Fannie Mae To Stop Sale Of Delinquent Mortgages And Work W Local Government On Alternatives City Leaders Want Federal Agencies to Sell Troubled Mortgages to Non-profits, Not Speculators Nationwide – On Thursday, February 4th, local elected officials and community groups across the country will call on Fannie Mae and Freddie Mac […]

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Freddie Mac Announces First NPL Transaction For 2016

Freddie Mac has announced its first sale of nonperforming loans (NPLs) for the year – a portfolio worth about $1.6 billion that was to be sold in seven separate pools. The seasoned, nonperforming residential whole loans were, as of press time, being serviced by Nationstar Mortgage. The seven pools include five geographically diversified standard pool […]

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Freddie Mac January 2016 Insight & Outlook

Freddie Mac (OTCQB: FMCC) released today its monthly Insight Outlook for January. This month’s Insight examines how the large investors’, backed by private equity, business model of buy-to-rent (B2R) operations stands in contrast to that of the more-familiar, professionally-managed apartment complexes. And the Outlook looks at the recent activity around the many underwater borrowers who […]

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A good real estate agent: how to find, hire

Feb. 2, this Tuesday, is Groundhog Day. If the groundhog sees his shadow, it means six more weeks of winter. If you’re looking to get a head start on buying or selling a home, you’re likely hoping for an early spring. Shadow or not, finding the right real estate professional can make the task less […]

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Dulles Area Association of Realtors names new CEO – Loudoun Times

The Dulles Area Association of Realtors Board of Directors has selected Christine Windle as its new CEO, effective Feb. 22. Windle succeeds current CEO Jeanette Newton, who announced her retirement after 25 years of service. “After a thorough selection process, the Board of Directors is delighted that Christine will lead DAAR as we navigate through […]

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