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Fannie and Freddie report delayed

The Obama administration will most likely miss a deadline for its anticipated report regarding the future of Fannie Mae and Freddie Mac, according to The Wall Street Journal.

Housing Predictor: Housing markets in 17 states set to rise in 2011

The housing markets in 17 states will experience housing inflation in 2011, according to a forecast by Housing Predictor. Although the prediction shows that the overall housing market should make a slight recovery this year, these particular markets are poised for more-substantial growth because they were less affected by the mortgage lending and foreclosure crisis.

Professional Builder webinar: Ivy Zelman's 2011 housing outlook and forecast

In this exclusive one-hour webinar, Ivy Zelman, the leading home building and building products research analyst on Wall Street, discusses recent dynamics in the home building, mortgage, home improvement, and non-residential construction sectors and offers her firm’s outlook and forecast for 2011. This free webinar will take place Wed, Feb 16, 2011 at 1:00 PM CST.

Fannie Mae tests foreclosure-prevention plan in Florida

Fannie Mae has started testing a foreclosure-prevention program in Florida that is designed to bring banks and troubled borrowers together earlier. The idea behind the program is to get banks and borrowers to negotiate mortgage modifications and other alternatives before foreclosure becomes the only option. The program gets borrowers meeting with the banks four months after falling behind on late payments.

NAHB: Housing starts to climb 21 percent in 2011

NAHB Chief Economist David Crowe is forecasting 575,000 single-family home starts in 2011, a 21 percent bump over an estimated 475,000 units started in 2010, according to his annual state of the market report at the International Builders’ Show in Orlando last week. Crowe and other economists at the show agreed that the housing market will see steady improvements in activity this year, followed by considerable gains in 2012.

Mortgages open new year lower

After rising to their highest levels since May, mortgage rates dropped slightly to open the new year, according to Freddie Mac.

Sales, prices fall in Manhattan

The housing market in Manhattan has slipped slightly, after both the pace of sales and median home prices fell, according to The Wall Street Journal.

Real estate stocks outperform general market

For the second straight year, real estate stocks ended the year with gains twice as high as the general stock market, The Wall Street Journal reported. According to Dow Jones, REITs were up 27 percent as of Dec. 28. And while that figure is down slightly from last year’s gains of 28.5 percent, it more than doubled the Dow Jones Industrial Average.

Opinion

Editorial: Entrepreneurial spirit alive and well

Despite difficult circumstances, some builders are accomplishing great things

Best Practices

35 Moneymaking Ideas for Home Builders

Despite tough times, there are plenty of builders and developers planning for growth this year by doing anything but the status quo

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