Housing BubbleHousing bubble news and commentary on trends in real estate prices,investor behavior and home buyingFreddie Mac announces new leadership- June 9, 2003 Freddie Mac - new CEO, earnings restatement expected to materially increase reported earningshttp://housing-bubble.com/news/freddie-mac-leadership-090603.html OFHEO statement on Freddie Mac review- June 9, 2003 OFHEO statement - concern over altering and failing to supply documents relevant to the restatement processhttp://housing-bubble.com/news/ofheo-freddie-statement-090603.html UCLA Anderson Forecast still predicting short-term sluggishness- June 5, 2003 Economic forecast predicts real estate boom to continue, sees end to economic downturn in California in Q3http://housing-bubble.com/news/economic-forecast-UCLA-050603.html Mortgage applications - more records broken- June 4, 2003 Composite,Purchase and Refinance indexes all set new recordshttp://housing-bubble.com/news/mortgage-applications-040603.html Program to create 6,000 California affordable housing units- June 4, 2003 Bank of America and Impact Community Capital announce plan to build 6,000 new affordable housing units in California over three yearshttp://housing-bubble.com/news/california-affordable-housing-boa-040603.html Home price growth moderates yet remains brisk in Q1 2003- June 4, 2003 Freddie Mac Quarterly Mortgage Home Price Index found growth in home values up 5.1 percenthttp://housing-bubble.com/news/home-price-freddie-030603.html NAR predicts record home sales for 2003- June 4, 2003 Realtors expect housing sector to set a sales record in 2003http://housing-bubble.com/news/home-sales-2003-nar-040603.html MBA hails introduction of Homeownership Tax Credit Act- June 3, 2003 Homeownership Tax Credit Act will help mitigate downpayment closing costs associated with obtaining a mortgage says MBAhttp://housing-bubble.com/news/homeownership-tax-credit-mba-030603.html OFHEO launches interactive house price calculator- June 3, 2003 OFHEO house price calculator to estimate the value of a home by state, city or regionhttp://housing-bubble.com/news/house-price-calculator-ofheo-030603.html Q1 2003 House Price Index decelaration trend continues- June 2, 2003 U.S. homes average 6.48 percent annual price appreciationhttp://housing-bubble.com/news/house-price-index-q1-020603.html |