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| T&B Trending January 2015 Vol 1-2015 | |
| Top StoryNovember 2014 Job Growth – 7th Best Month in 10 Years Source: Dr. Ted C. Jones
Job growth continues to accelerate into the fall and winter as November 2014 saw 321,000 net new jobs (preliminary) added on a seasonally-adjusted annualized rate. That was the seventh best month of job growth in the past 10-years. Read more >> In The News Forecast: Full Steam Ahead for Housing Source: Themreport.com The housing market will continue its gradual recovery and gain momentum in 2015 after a disappointing 2014. What’s Happening Home Sales, Housing Starts Expected to See Significant Growth in 2015 Source: Themreport.com Improvements in economic fundamentals, notably employment growth among millennials, will fuel significant increases in home sales and housing starts and a modest rise in home prices in 2015. Read more >> In Our Neighborhood First-time homebuyers given more options to buy a home by FannieMae and FreddieMac: Source: Topkins & Bevans Blog Earlier this week new lending guidelines for first-time homebuyers were released in a statement by the FHFA Director Melvin L. Watt . Watt wrote “The new lending guidelines released today by Fannie Mae and Freddie Mac will enable creditworthy borrowers who can afford a mortgage, but lack the resources to pay a substantial down payment plus closing costs, to get a mortgage with 3 percent down. Read more >> Topkins & Bevans |
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