Wednesday, December 7, 2016

Recapping Existing Home Sales; Reverse Mortgage Conference and Issuance Trends

Posted To: Pipeline Press

Today is the 75th anniversary of the Japanese attack on the U.S. naval base at Pearl Harbor in Hawai’i where 2,403 Americans died and 1,178 were wounded. There are those that believe that ghosts still haunt “Pearl” but there modern day “ghost towns” in other parts of the U.S. where high vacancy rates, declining populations, and large numbers of vacant properties are creating blight. The list of 20 towns includes places in Kansas, Texas, Oklahoma, Alabama, Illinois, Michigan, New Jersey, Mississippi, and Pennsylvania, Florida, and Indiana. "Pending" Home Sales, "Existing" Home Sales, and "New" Home Sales - take your pick. They all show something slightly different, and economists have their favorites. Housing and jobs play critical roles in the United States economy...(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/2gkc8eB

No comments:

Post a Comment