| 20 August 2010
A daily dose of headlines for real estate agents, mortgage lenders and consumers.
| Experienced agent, good agent? Boston Globe: An agent with 15 years of experience can have 15 years of constantly growing and changing information or 6 months of information that has been recycling for the last 14.5 years. | 5 most (and least) affordable U.S. cities CNN Money: With mortgage interest rates scraping the bottom and home prices rising very slowly, housing is near record high affordability. |
| Housing double dip not just homebuyer tax credit hangover CNBC: There's no question that the home buyer tax credit, which expired at the end of April. It would be wrong, however, to blame it entirely on the tax credit hangover. | Slow growth's silver lining: Low interest rates Smart Money: With mortgage rates hovering near 40-year lows and selling prices still depressed, many potential borrowers are wondering whether rates have further to fall. |
| Where is the economy headed? New York Observer: Investors of all stripes have cashed out recent gains in response to evidence that the economic recovery is losing its initial momentum. | Bonds to finance three D.C. residential projects Washington Business Journal: Bonds issued Thursday will help developers start or complete three apartment projects throughout the city, adding or saving 408 units of affordable housing. |
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