Manhattan Apartment prices up on supply squeeze - 2004-01-14
Looking to purchase an apartment in Manhattan? Look very hard ... in your wallet. Low mortgage rates and tight supply boosted the average selling price of a Manhattan apartment to $903,259, according to a report released Wednesday by real estate appraiser Miller Samuel Inc.

"It's a seller's market," Jonathan Miller, president of Miller Samuel Inc., told Reuters. "The key issue is supply. Demand has gradually improved and supply has been declining for the past nine months
Read the full story at Reuters via Forbes

Fannie Mae rated "market outperform" - 2004-01-14
Analysts at JMP Securities confirmed their “market outperform” rating on Fannie Mae. The target price is set to $80. Shares of Fannie Mae, a leading US-based mortgage services provider, are currently trading at $72.24.

According to JMP Securities’ research note published yesterday, Fannie Mae has benefited considerably from the continued strength in the US housing markets over the last few quarters.
Read the full story at New Ratings