Monday, August 16, 2010

Around the Block: Off to the Market Edition

A Buyer’s Market If you’re in the market for a mansion, Trulia announced that one in four home sellers cut their asking price last month making August a true buyer’s market. Here is a compilation of the mansions that have had to slash their prices anywhere from 5 to 20%.

Buzz Worthy Tuesday’s meeting on GSE reform has been the talk of the town, and the future of GSEs has been in the forefront of housing, economy, policy and political folks' minds all across the nation. Open House will have a recap highlighting the event on Wednesday.

To Double-Dip or not to Double-Dip According to 24/7 Wall St., a double-dip recession could have wide-spread and dubious implications that may continue to be felt many, many years from now.

Image: 6 bedroom, 6 bath mansion recently reduced 14% via, huffingtonpost.com

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