Is a housing shortage coming?
Is a housing shortage coming?
June 15, 2010 — CNNMoney
NEW YORK — As the nation struggles to shrug off the worst housing crash since the Great Depression, it may be hard to believe a housing shortage could be on its way.
Extension of Tax Credit Closing Deadline in the Works
June 14, 2010 — DSNews
Senate Majority Leader Harry Reid (D-Nevada) wants to tack three extra months onto the closing deadline of the homebuyer tax credit, in order to ensure buyers who have already signed contracts are able to take advantage of the federal tax break.
California's economy to see sluggish recovery this year, UCLA economists say
June 15, 2010 — Los Angeles Times
California stands to gain some jobs this year but recovery will be sluggish, and the state's inland areas will bear the brunt of the continuing economic pain, according to a forecast scheduled to be released Tuesday by UCLA's Anderson School of Business.
HUD Awards 55 Contracts Under M&M Program, Divides Responsibilities
June 14, 2010 — DSNews
In an effort to improve the system of maintaining and selling its inventory of Federal Housing Administration (FHA) foreclosed homes, HUD has awarded 55 new contracts – 23 to companies who will serve as asset managers and 32 to companies who will serve as field service managers – under the third generation of its management and marketing program, known as M&M III.
CAR approves merger of calREDD, MRMLS
June 14, 2010 — Inman News
A statewide multiple listing service is one step closer to reality.
The board of directors of the California Association of Realtors has approved the merger of the association's calREDD MLS system with Pomona, Calif.-based Multi-Regional Multiple Listing Service Inc. (MRMLS), the trade group announced Monday.