Industry News

U.S. existing-home sales decline

NAR urges raising loan limits to stabilize housing, economy
Published on Jan 24, 2008

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by CareyBot

Existing-home sales and prices dropped in December, the National Association of Realtors reported today, adding fuel to the trade group’s argument that President Bush and Congress need to increase the conforming loan limits on mortgages backed by Fannie Mae and Freddie Mac to ...