Weekly Realty Roundup from NAR
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Friday Five: Warren Buffet Touts Homes Over Stocks, Home Contracts Up
Warren Buffet gives the thumbs-up to homes as an investment, while regulators and legislators debate whether to reduce principal on troubled loans. Read
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Scammers Already Have Bulls-Eye on $25B Foreclosure Settlement
Warning: Scammers are on the prowl, claiming to have your share of the foreclosure settlement — for a fee, of course. Read
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Friday Five: Some Senators Turn Focus to Housing as Election Nears
Sens. David Vitter and Jon Tester push NFIP renewal, and Sen. Scott Brown encourages short sale legislation. Read
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20% Down Rule Will Stifle Housing Recovery with Majority Unable to Buy
The 20% down payment rule threatens middle-income and minority borrowers’ ability to be home owners. Read
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Friday Five: Obama’s Budget Challenges Mortgage Deduction for Some
New Obama budget proposes to limit the mortgage interest deduction; Congress makes a final push to pass a flood insurance extension. Read
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March 8th, 2012 at 3:54 pm
T. S. Eliot: “We do not quite say that the new is more valuable because it fits in but its fitting in is a test of its value — a test, it is true, which can only be slowly and cautiously applied, for we are none of us infallible judges of conformity.”