Wednesday, September 22, 2010

6 real estate headlines: 9-22

A daily dose of headlines for real estate agents, mortgage lenders and consumers.

Miami-Dade pending home sales jump 33%
Miami Herald:
Pending home sales were up 33.7 percent in Miami-Dade County in August compared to the same month last year, according to data released Thursday by Miami Realtors.
Obama: Housing market faces tough decisions
Wall Street Journal
: Top members of Obama's economic team could soon be leaving, and he signaled he will press hard to raise taxes on wealthy hedge-fund and private-equity managers.
Buyers with hypersensitivity should raise concerns early
Washington Post: For people who are seriously allergic or sensitive to common household chemicals, buying the right home is fraught with difficulty.
Is that what recovery feels like?
The New York Times: The ugly fact is that serious financial crises take a very long time to resolve and result in a permanent fall in the standard of living.
The housing recession isn't over
CNN Money: The past three months may have been decent, but the future looks less promising. For the housing market, at least, it doesn't look like the recession is over just yet.

Great recession really over?
New York Observer: For housing to turn a decisive corner, the inventory overhang has to dissipate. That may take one to three years, according to real estate experts.

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