buying a home

Existing-Home Sales Continue to Rise in November 2011, NAR says

The National Association of Realtors (NAR) announced last Wednesday that existing-home sales rose in November this year and stayed above one year ago. “The latest monthly data shows total existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 4.0 percent to a seasonally adjusted annual rate of 4.42 million in …

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What To Do with Real Estate Owned Properties (Part 2)

The U.S. Federal Housing Finance Agency (FHFA) reported that 4,000 responded to the Request for Information of FHFA, the Department of Housing and Urban Development (HUD), and Department of the Treasury regarding the question on what to do with the single-family real estate owned (REO) properties held by Fannie Mae, Freddie Mac, and the Federal …

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