Obama housing plan: from dismantling Fannie Mae to immigration reform
Speaking to more than 2,000 at Desert Vista High School in Phoenix, Obama laid out a six-point plan that he said will help first-time homebuyers and people who lost out when the bubble burst get home loans, make rental homes more affordable for people who don’t own houses, and ultimately wean American off the government-backed mortgage system that the president faulted with causing the housing c[...]
After ‘worst year ever’ new home sales show slight improvement in January
Six years ago, it was common for buyers to wait in front of new home sales offices to see who would win the privilege of purchasing one of the several lots the builder had selected to release for sale that day.