Tuesday, November 10, 2009

Real Estate in the News

Both of these items ran last week in the Wall Street Journal:

"Home Prices' Ascent Slows" - http://tinyurl.com/yl6jn8e
"The Detroit and Minneapolis markets had the larges monthly increases -
1.8%..." Since 2000, prices have declined 27% in detroit, the only city in
the index to show a drop since the start of the decade."

"Fannie Sets Foreclosure Program" - http://tinyurl.com/ygsaa8j

"Fannie Mae plans to consider offers only from potential owner-occupants and
certain public-housing entities during the first 15 days in which a foreclosed
home is on the market."





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