- Fannie and Freddie Reform Threatened by Profits
The financial outlook of Fannie Mae and Freddie Mac, the two government-sponsored entities (GSEs) currently providing financial guarantees to three quarters of all residential mortgages in the United States, is looking better each day. This would be great news under normal circumstances, but it also creates a problem for those seeking to reform the GSEs.
- Western States Drive Record Double Digit Price Increases
Five Western states with the highest home price appreciation in February, Nevada (+19.3 percent), Arizona (+18.6 percent), California (+15.3 percent), Hawaii (+14.6 percent) and Idaho (+13.5 percent), led the nation to the biggest price increase in seven years.
- Did Real Estate Investing Peak Last Year?
Have real estate investments peaked? After years of growth during the Foreclosure Era, investment purchases declined slightly last year after surging 64.5 percent in 2011. With the cost and competition to buy distress sales growing and prices for normal homes rising, will investors pull back and start cashing in their assets?