Maybe Madoff Can Be a Judge NAR economists promised to study the [issue of overstated housing sales] during a December conference call that included economists from the Mortgage Bankers Association, Fannie Mae, Freddie Mac, the Federal Reserve, the Federal Housing Finance Agency and CoreLogic. –“Home Sales Data Doubted“; The Wall Street Journal (2/22/11) One of the real...Read More
Higher Price = Longer Market Time It’s no secret that there are lots of upper bracket homes currently for sale in the Twin Cities. Depending on your definition of “upper bracket” (mine is over $850k or so) and which part of town you’re talking about, the current supply of such homes ranges anywhere from 12 to...Read More