TITLE

Fed Sees Some Homebuying Up

AUTHOR(S)
Sloan, Steven
PUB. DATE
September 2009
SOURCE
American Banker;9/10/2009, Vol. 174 Issue 170, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the U.S. Federal Reserve report "Beige Book," which found higher year-over-year home sales in Atlanta, Georgia; New York City; Cleveland, Ohio, and Minneapolis, Minnesota districts. The majority of the activity in the residential market is occurring at the lower end of the spectrum because of the first-time homebuyer tax credits. The areas of the U.S. with weaker loan demand are given.
ACCESSION #
44174117

 

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