A quick rundown of the important real estate news from the week of November 26 – December 2, by the numbers:
8.6% U.S. unemployment rate for November 2011. The rate is the lowest since March 2009 and a significant drop off from last months 9.0% rate. The U.S. economy also added 120,000 jobs, more than the 110,000 jobs economists had predicted.
3.9% Decline in the S&P/Case-Shiller home price index in the third quarter of 2011 from the previous year. That is up from the second quarter, when the index was down 5.8% from the previous year.
December 19 January 2 Dates which Fannie and Freddie will have a moratorium on foreclosures in respect for the holiday season. During this time, legal and administrative proceedings for evictions may continue, but families will be allowed to stay in their homes, Fannie said in a statement.
$2.5 Million Price cut on comedian Dennis Millers Montecito, CA home. Th







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