Fannie Mae-No Politics (FNMA)

[Rickety]

I think a lot of folks were waiting for this news (cut and pasted below). I think this will help turn things up again as indications are supporting a recovery...

Link = http://www.istockanalyst.com/article/viewiStockNews/articleid/4839215
December new-home sales climb 17.5%
Jan. 26--In the words of one economist, 2010 was a year the real estate industry would rather forget.

Still, the year closed with a 17.5 percent surge in new-home sales in December from November, with the West leading the charge, according to data released Wednesday by the Census Bureau and the Department of Housing and Urban Development.

Industry experts noted a strong increase in sales of previously owned homes in the West during the same month, and attributed both spurts to employment growth in the region.

On the other hand, economist Patrick Newport...