https://www.youtube.com/watch?v=QM5AsuKTME0
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“January’s HMI reading is in line with our forecast as we head into the new year,” said NAHB Chief Economist David Crowe. “Steady economic growth, rising consumer confidence and a growing labor market will help the housing market continue to move forward in 2015.” -- Trey Garrison in HousingWire http://www.housingwire.com/articles/32651-homebuilder-confidence-declines-slightly-in-january
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Shared by Valentina Cirosola, taken by Derya Unutmaz
This is a cool advertisement for toothpaste, the Roman Colosseum sculpted in a tooth.
Artwork by Thai company Illusion.
http://www.illusion.co.th/www.illusion.co.th/Portfolio/Pages/CGI.html#1
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America’s most expensive home goes on the market
The $195 million price tag is “really quite reasonable”
--Brena Swanson in HousingWire http://www.housingwire.com/articles/32647-americas-most-expensive-home-goes-on-the-market
Mortgage applications increased 14.2% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending January 16, 2015.
This comes a week after an incredible 49% surge. -- Trey Garrison in HousingWire http://www.housingwire.com/articles/32664-mortgage-apps-continue-gains-up-142
-----------------------------------------Shared by Lynsey Eve Valdez, taken by Gary Lo Chinatown in San Francisco
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From the Department of Commerce:
Building permits in December 2014 were at a seasonally adjusted annual rate (SAAR) of 1,032,000, down 1.9 percent from the revised November rate and up 1.0 percent from December 2013.
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Nat'l Real Estate Post:
Disparate Impact- The fact that the NFL is mostly black players is not discrimination. But, if a builder builds in a low income neighborhood, the Supreme Court is deciding whether or not the housing is discriminating simply because the tenants are not evenly, racially divided.
http://thenationalrealestatepost.com/disparate-impact-coming-to-head-at-supreme-court/?
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Shared and taken by Jasbir S Randhawa, Captured in New Delhi
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Zillow: Will owners of low-end homes start moving up?
--Brena Swanson in HousingWire http://www.housingwire.com/articles/32693-zillow-will-owners-of-low-end-homes-start-moving-up
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Purchases of previously owned homes rose less than forecast in December as higher prices limited sales to first-time buyers.
Contract closings increased 2.4% to a 5.04 million annual rate from a 4.92 million pace in the prior month, figures from the National Association of Realtors showed Friday in Washington. The median forecast of economists in a Bloomberg survey called for a rise to 5.08 million. Prices picked up while inventories fell. -- Bloomberg News
-----------------------------------------Shared and taken by Sandy Somewhere, Five Miles From Home
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