Tag Archives: Record Share

REAL ESTATE: Home prices rise 18 percent; sales decline – Press

Southern California’s real estate market had its strongest February in six years, as a record share of homes sold to absentee buyers and the move-up market gained momentum. There were 15,945 sales of new and resale houses and condos across … Continue reading

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Housing Recovery Hindered in U.S. as Government Works at Cross-Purposes

Fannie Mae and Freddie Mac increased loan standards about a dozen times in the last year. Photographer: Andrew Harrer/Bloomberg Sue Stamper, a business owner in Sacramento, California, wants to buy a home. After mortgage- financiers Fannie Mae and Freddie Mac … Continue reading

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