The Senate voted to ban executive bonuses at Fannie and Freddie.
After buttering up the public for another round of quantitative easing, the buzz today (at CNN, Fin Times and the WSJ) is that the January jobs report will kill QE3 forever.
The census bureau released new homeownership rate data this week for the 4th quarter. The national estimated rate was 66 percent, which, if true, means homeownership is returning to more reasonable levels. I write on the homeownership rate here.
Century 21 takes a softer line: Apparently, it’s been twenty years since a residential real estate company advertised during the Super Bowl. Remember, there’s never been a better time to buy. Except maybe next year when prices are lower.
Century 21 is naturally hoping that you will forget this commercial which they produced shortly before the housing collapse. Remember this one? The wise, go-getter wife and her REALTOR® browbeat a reluctant husband into buying an overpriced house – in 2006. The agent in the new commercial is slightly less atrocious.