Articles tagged with: 2011
In hindsight, it’s clear that 2011 was decidedly mixed in terms of housing markets around the nation.
Freddie Mac – the government sponsored lending giant – projected that lenders would write $1.8 trillion in home loans last year. The group revised that estimate downward to $1 trillion partway through the year and lenders ultimately wrote $1.3 trillion in home loans in 2011.
That’s down 23.53 percent from $1.7 trillion in 2010 and down 60.61 percent from $3.3 trillion when housing markets peaked in 2005. Furthermore, the better-than-expected results had a lot to …