Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

For years, Rebecca Nathenson, a product manager for a San Jose, Calif., firm, and her fiancé Eric Kline have wanted to buy a house. Now, "based on the softening market, it is finally a possibility," the MBA grad said. Growth in home prices slowed across the country in the first quarter of 2006, Freddie Mac announced today, with its Conventional Mortgage Home Price Index showing an 8.7 percent increase on an annualized basis, down from a revised fourth-quarter-2005 rate of 12.9 percent and a third-quarter-2005 growth rate of 13.7 percent. And pending real estate sales fell nationally for the third consecutive month in April, dropping 3.7 percent since March and 11.7 percent since April 2005, the National Association of Realtors reported last week. While these reports and stories of g...