If you’ve been anywhere near a news outlet since sunday, you are probably well aware of the government seizure/take-over/bailout of Fannie Mae and Freddie Mac. Well, we pretty much knew it was coming.
And, as much as I want to write a concise post that sums everything up with a nice neat opinion, I’m afraid that
But not for long…
I’m just back from a conference
After posting a market report… at least lately… I get asked a question repeatedly…
Is it pointing to a recovery?
The market report says
FMLS put ont the numbers for August pretty fast. Shockingly fast… So, I was able to get the market report out faster than usual. Take a look. It is mixed news. July turned out stronger than expected, but August preliminary numbers are a little weaker than I’d like.
I got an email this morning from Obeo, the provider of my virtual tours. It was the results from a survey they commissioned about home buying habits for internet users (there were a few people that weren’t internet consumers).
Here is part of the press release: