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Real Estate News
 
March 2008
> Existing-Home Sales Rise in February
Market activity has been relatively stable since September.
 
> NAR Economist Among Top Forecasters
Lawrence Yun, who is responsible for NAR's real estate statistics and economic forecasting, was named as one of the top 10 economic forecasters nationwide by USA Today.
 
> Commercial Fundamentals are Steady
Though vacancy rates and rent growth are unchanged this year, the credit squeeze is sharply dampening investment, NAR says.
 
> NAR Urges Increase in National Loan Limits
In testimony today, NAR asked the Senate to permanently raise the national GSE conforming loan limits to give a boost to the housing market.
 
> New Appraisal Rules for Freddie, Fannie
Lenders wishing to sell their mortgages to the nation's two largest sources of home finance must make sure that they don't rely on in-house appraisers.
 
> NAR: Home Sales to Hold Steady
But a gradual recovery is expected in the second half of the year. Read more of NAR's latest forecast for the housing market.
 
 
 
 
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