Posted To: Pipeline Press
During Happy Hour tonight you can work this one into the conversation: Minnesota has 90,000 miles of shoreline. Is that a lot? It is more than California, Florida, and Hawaii combined. Speaking of the coast, BP says the Gulf Deepwater oil disaster has cost it $62 billion in aggregate. That sum is larger than fines levied on individual banks involved in the subprime mortgage crisis or on Exxon related to the '89 Valdez spill - making it the most expensive man-made corporate disaster. We've had our share of house price & ownership news, and trends in sales. The overall feeling is that listings & inventory are picking up a little bit, which may help things. Freddie Mac released its monthly Insight for May which focused on rising home prices and the use of Price-to-income (PTI) ratio as...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/29WpqgP
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