Employee Confidence & Homes Sales On The Rise

According to Spherion staffing agency, employee’s confidence in their jobs and the economy is on the rise, up 3.2 points to 49.9 in August. Hopefully this will manifest itself in on-the-fence consumers making the decision to buy or sell real estate and get things moving. Click here to read more statistics!

Pending home sales on the rise. The Pending Homes Sales Index showed a 3.2 percent increase in signed contracts from June to July thanks to the first time home buyer tax credit and the affordability of homes. Read more here.

Call for end to Fannie Mae & Freddie Mac. Last week, the Mortgage Bankers Association called for the elimination of Fannie Mae and Freddie Mac as a way to break up the virtual monopoly that these two organization exercise over the mortgage industry. Click here for the article!