2011: Fannie Mae says 2011 will be better, do you believe them?
- 01/19/11 12:58 AM
This morning I opened my mail and found an update from Fannie Mae talking about how much better the economy and real estate markets will be in 2012. But they temper this with references to the shadow inventory of homes and number of foreclosures yet to be done.
WASHINGTON, DC — Thanks to strengthening in consumer spending and growing policy clarity at the end of 2010, the economy is finally poised to accelerate and sustain above-par, less volatile growth, according to the January 2011 Economic Outlook released today by Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group. The economy … (4 comments)
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This morning I opened my mail and found an update from Fannie Mae talking about how much better the economy and real estate markets will be in 2012. But they temper this with references to the shadow inventory of homes and number of foreclosures yet to be done.
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