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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

million new minority homeowners when the president launched the Blueprint for the American Dream in 2002. Less demand for homes will cause home values to drop in many neighborhoods. New construction, resales, refinances and home improvements account for approximately 16% of the U.S. GDP, roughly $3 trillion.

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SELLERS’ MARKET? HOW ABOUT BUILDERS’ MARKET?

Will Springer Realtor

Every year loan limits established for mortgage backers like Fannie Mae and Freddie Mac are reviewed and adjusted according to regional home values. short of providing homes for purchase to those who want one. >> 1, to $891,250 in King, Pierce and Snohomish counties. Realtor.com reports America is approximately 5.2M

Sellers 36