A quick rundown of the important real estate news from the week of August 27 – September 2, by the numbers: 0 – Amount of new jobs created in August. “It was the worst report in 11 months. The unemployment rate held steady at 9.1 percent. It has been above 9 percent in all but two [...]

Joshua Dorkin

The Golden Year & Economic Highlights from the Past Week
by Alan Noblitt | September 2, 2011Real Estate * The average price of a home is down almost 6% from a year ago, though up by 3.6% in the second quarter, according to Case Shiller (August 30 Housing Wire) * The Congressional Budget Office (CBO) estimates that Fannie and Freddie will cost taxpayers another $51 billion between 2012 and 2021 — [...]