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Daily market update: Sept. 1, 2015

Our daily summary of market news, updated regularly with new tidbits

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

// Freddie Mac released its August Insight & Outlook report 2015 mortgage originations estimates have been increased to $1.45 trillion and 2016 originations to $1.3 trillion. 2015 is expected to be the best year yet with an increase home sales projection of 5.73 million units. The cash-out share in the second quarter of 2015 to 34 percent from 27 percent in the first quarter of the year. Auction.com released its latest Real Estate Nowcast August home sales are projected to fall between seasonally adjusted annual rates of 5.46 and 5.86 million units. This projected rate puts August home sales 1 percent above July 2015 rates and 12.9 percent above July 2014. The median sales price is expected to drop to $230,666 nationwide.   CoreLogic Home Price Index (HPI) for July 2015 Nationwide home prices including distressed sales, increased by 6.9 percent in July 2015 on a year-over-year basis. Colorado, Florida, Hawaii, Nevada, New York...