Buffett predicts housing recovery in 2011 The Oracle of Omaha, in his annual letter to shareholders of Berkshire Hathaway Inc., has written, “Within a year or so, residential housing problems should largely be behind us. Prices will remain far below ‘bubble’ levels, of course, but for every seller or lender hurt by this there will… Read More
Special Approval Designation Launches For Fannie Mae
January 16, 2010 By Leave a Comment
Fannie Mae Launches Special Approval Designation Fannie Mae announced that it’s going to take a look at hundreds of condominium projects in Florida that may not currently meet Fannie Mae’s standard eligibility criteria to see if it can allow additional projects to become Fannie Mae-eligible through a new “Special Approval” designation. Projects deemed to be… Read More
Real Estate In 2010
January 2, 2010 By Leave a Comment
What’s up with real estate in 2010? According to Michael J. Malpede, of Easy Forex, the rebound in US housing market is another potential positive for the outlook for the US economy. The US housing market has improved and shows sign of stabilization. The housing market will benefit because the inventory of new homes are… Read More
