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chief economist doug duncan: Fannie Mae sees 2012 home sales up 3.5% to 4.74 million - 01/13/12 05:05 PM
According to Fannie Mae economists, the housing sector is expectd to take steps forward in 2012, though total originatons will fall on fewer refinances. 
They also say that the second half of the year should outpace the first 6 months, with relation to growth, and political uncertainty and fiscal policy in Washington is expected to drive consumer & business activity.  
Chief Economist Doug Duncan said positive consumer activity and challenges in housing and the global economy will equate to moderate growth for the year. He stated that we're moving into 2012 with decent employment on the employment side which is … (3 comments)

 

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