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Prices Level Off in Los Angeles, But Market Remains Healthy

"Luxury home prices in Los Angeles are leveling off after several quarters of strong price growth, according to a report Thursday."   https://www.mansionglobal.com/articles/78467-prices-level-off-in-los-angeles-but-market-remains-healthy

Here’s what quantitative un-easing could mean for the housing market

At its September meeting, the Federal Open Markets Committee announced it will begin reducing its $4.5 trillion portfolio of bonds purchased during the global financial crisis, as soon as October of this year. This quantitative un-easing could have major consequences to the housing market as nearly 40% of the portfolio is made up of mortgage-backed securities that the Federal Reserve started buying in 2009, according to a blog from Mark Fleming, First American Financial Corp. chief economist. Please continue article below! https://www.housingwire.com/articles/41353-heres-what-quantitative-un-easing-could-mean-for-the-housing-market

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