Saturday, December 22, 2012

Fannie Mae: Housing market 'has turned the corner'

Home prices, sales and mortgage rates point to continued growth

<a href="http://www.shutterstock.com/pic.mhtml?id=106899653" target="_blank">Housing trends</a> image via Shutterstock.Housing trends image via Shutterstock.
Despite lower expectations for the economy's progress as a whole this quarter, home sale and price trends suggest housing finally represents "a tailwind to growth," according to a monthly economic outlook released today by Fannie Mae's Economic & Strategic Research Group. FULL ARTICLE LINK: