Real estate blog entries tagged with economy by JAY PEKALA, Burns Park/Ann Arbor Expert (Edward Surovell Realtors)

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Home : Blogs : JAY PEKALA, Burns Park/Ann Arbor Expert : Burns Park Blog : Tag "economy"

economy: January Housing Statistics from the Ann Arbor Board of Realtors - 02/12/08 01:21 PM

February 12, 2008
Ann Arbor Area Board of REALTORS®
According to Lawrence Yun, the National Association of REALTORS®, sales activity is expected to remain soft through the first half of the year despite a generational low in mortgage interest rates. "Household formation was only half of what it should have been last year given the demographics of a growing population and sustained job growth, so there clearly is a pent-up demand from buyers who are on the sidelines," he said. NAR believes that increasing the loan limits for Fannie Mae and Freddie Mac (Economic Stimulus) will bolster the severely stressed housing finance market … (0 comments)

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JAY PEKALA, Burns Park/Ann Arbor Expert

Ann Arbor, MI

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Edward Surovell Realtors

Address: 3260 Washtenaw Ave., Ann Arbor, MI, 48104

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