Thursday’s Advocacy & Think Tank Round-Up

  • The National Association of Realtors (NAR)’s Existing Home Sales (EHS) (completed transactions).  EHS fell  10.5% from October and 3.8% from last November.  NAR believes this precipitous decline is not due to any decrease in demand but, rather, tight inventory and the Industry’s having to adjust to new “Know Before You Owe” mortgage disclosure rules.
  • Seeking Alpha blog’s about the evolving receivership of Fannie Mae and Freddie Mac.