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Freddie Forecasts Dip in 2018 Home Sales
"Although the U.S. economy and job market are firing on nearly all cylinders, the housing market has essentially stalled."
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Fire Storm at Freddie Mac
After a week of revelations about management changes and accounting practices at Freddie Mac, the country's second-largest buyer of mortgage loans, two questions loomed: Was the housing market going to deflate like a bubble popped by the pin of Freddie Mac's troubles? Was Freddie Mac's firing of its president for giving incomplete and altered journals to an internal audit committee the start of a new Enron?
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Buyer Beware
Playing by the rules—carrying insurance, getting licensed, paying taxes—is an expense reputable custom home builders bear. When low-cost, unlicensed, and uninsured competitors take work away from us, we experience frustration at the very least. But the consequences for homeowners who contract with such builders can be far worse than frustrating. This is the story of a couple who didn't understand the envelope of protection they would have gained by hiring a legitimate professional.
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