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Mortgage News for Friday - January 20, 2006

More Mortgage News
• Tips to avoid mortgage financing scams
• U.S. mortgage and refinance mortgage rates easing
• Mixed signals on real estate
• Real Estate Roundup: What Slow Down? Industry Leaders Predict Cooler But Solid Market
• Home Staging is the hot trend in real estate
• U.S. Economy: Consumer Confidence Index Rises for Third Month
Mortgage News
Mixed signals on real estate - 2006-01-20
Sales of existing homes in the capital region dropped by as much as 31 percent in December compared with a year ago. The real estate market also showed signs that it's beginning to right itself. The inventory of homes on the market dropped 21 percent over the past two months. Fewer homes on the market means less competition for sellers and less choice for buyers.
Read the full story at Sacramento Bee
 
Real Estate Roundup: What Slow Down? Industry Leaders Predict Cooler But Solid Market - 2006-01-20
Although there’s plenty of evidence of a slowing housing market resulting in lower asking prices and less active sales, a cross section of Loudoun Realtors remain bullish.
Perhaps the biggest beneficiary of a slower market is the buyer, who has had to engage in a feeding frenzy and react at a moment’s notice. Now, the buyer has greater time to evaluate a house fully and be more discerning in his acquisition.
Read the full story at Leesburg Today
 






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