Thursday, May 10, 2007

HOUSING FORECAST CHANGED SLIGHTLY DUE TO IMPACT FROM TIGHTER LENDING

Housing activity this year will be somewhat lower than in earlier NAR forecasts, with clearer analysis of the effects of stricter lending standards and a decline in subprime mortgage origination, according to the latest projections by the National Association of REALTORS®. (Source: NAR) Full Story . . .

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