{"id":6883,"date":"2011-07-08T15:58:41","date_gmt":"2011-07-08T20:58:41","guid":{"rendered":"https:\/\/bhgrealestateblog.com\/?p=6883"},"modified":"2024-12-30T11:12:44","modified_gmt":"2024-12-30T16:12:44","slug":"week-in-review-what-we-liked-from-the-week-that-was-33","status":"publish","type":"post","link":"https:\/\/bhgrecareer.com\/bebetterblog\/week-in-review-what-we-liked-from-the-week-that-was-33\/","title":{"rendered":"Week in Review: What We Liked From the Week That Was"},"content":{"rendered":"<p style=\"text-align: justify\">While 4<sup>th<\/sup> of July week usually send lots of eyes to the skies in search of spectacular fireworks shows, in Arizona, Mother Nature took center stage.\u00a0 <a href=\"http:\/\/www.reuters.com\/article\/2011\/07\/06\/us-duststorm-arizona-idUSTRE7653XZ20110706\">Haboobs <\/a>&#8212; or severe sand storms \u2013 darkened the midday skies over <a href=\"http:\/\/www.azcentral.com\/community\/gilbert\/articles\/2011\/07\/06\/20110706phoenix-dust-storm-weather-abrk.html\">Phoenix<\/a> and extended 100 miles wide.\u00a0 <a href=\"http:\/\/www.huffingtonpost.com\/2011\/07\/06\/phoenix-dust-storm-photos-video_n_891157.html\">The images<\/a> coming out of the Grand Canyon state looked more like something created in a Hollywood movie studio than a real-world event.\u00a0 Thankfully, no deaths or serious injuries were reported.<\/p>\n<p style=\"text-align: justify\">A dust-up of another kind may be looming.\u00a0 The real estate industry is feverishly discussing the impending change in October to the <a href=\"http:\/\/professional.wsj.com\/article\/SB10001424052702303763404576420101788878440.html?mod=WSJ_RealEstate_LeftTopNews&amp;mg=reno-secaucus-wsj\">size of loans eligible<\/a> for government backing.\u00a0 <a href=\"http:\/\/www.cnbc.com\/id\/43643094\">CNBC\u2019s Diana Olick<\/a> investigated two conflicting reports on the impact of such modifications: one from the <a href=\"http:\/\/www.nahb.org\/news_details.aspx?sectionID=122&amp;newsID=12907\">National Association of Home Buyers<\/a> that suggests these limits will reduce demand and lower prices; the other from <a href=\"http:\/\/www.prnewswire.com\/news-releases\/george-washington-university-study-finds-that-federal-housing-administration-loan-limits-exceed-necessary-level-for-target-audience-124781738.html\">George Washington University<\/a> that states that overall, mortgage shoppers will not be affected. \u00a0What do you think?<\/p>\n<p style=\"text-align: justify\">Move over Brangelina and TomKat, we may soon have \u201cFandie.\u201d\u00a0 The California Legislature is introducing a bill to<a href=\"http:\/\/www.reuters.com\/article\/2011\/07\/06\/usa-housing-gses-idUSN1E7651PG20110706\"> merge Fannie Mae and Freddie Mac, <\/a>into a joint entity that will \u201cpurchase mortgages and sell them to investors as securities that are government-backed.\u201d<\/p>\n<p style=\"text-align: justify\">A day after saying during Wednesday\u2019s Twitter town hall that he was <a href=\"http:\/\/www.cbsnews.com\/8301-503544_162-20077283-503544.html\">\u201cgoing back to the drawing board\u201d<\/a> to help struggling homeowners, <a href=\"http:\/\/www.usatoday.com\/money\/economy\/housing\/2011-07-06-help-for-unemployed-homeowners_n.htm\">President Obama<\/a> announced two programs for unemployed homeowners, providing them a 12-month forbearance on their mortgages.<\/p>\n<p style=\"text-align: justify\">Kitchens are of course one of the most important &#8212; if not <em>the <\/em>most important (depending on whom you ask) &#8212; room for house hunters. <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052702304569504576405923349321868.html\">Designer Rita Konig<\/a> explores kitchens with character and offers advice on how to spruce up the space. \u00a0In a nutshell: \u201cTreat the kitchen as a real room. Play down the appliances\u2014they are a real buzz kill\u2014and keep as much below the counter as you can.\u201d<\/p>\n<figure id=\"attachment_6885\" aria-describedby=\"caption-attachment-6885\" style=\"width: 201px\" class=\"wp-caption alignleft\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-6885\" title=\"In closing, the annual Running of the Bulls took place this week in Pamplona, Spain. \" src=\"https:\/\/bhgrecareer.com\/bebetterblog\/wp-content\/uploads\/sites\/11\/2011\/07\/RunningBulls-201x300.jpg\" alt=\"In closing, the annual Running of the Bulls took place this week in Pamplona, Spain. \" width=\"201\" height=\"300\" srcset=\"https:\/\/bhgrecareer.com\/bebetterblog\/wp-content\/uploads\/sites\/11\/2011\/07\/RunningBulls-201x300.jpg 201w, https:\/\/bhgrecareer.com\/bebetterblog\/wp-content\/uploads\/sites\/11\/2011\/07\/RunningBulls-100x149.jpg 100w, https:\/\/bhgrecareer.com\/bebetterblog\/wp-content\/uploads\/sites\/11\/2011\/07\/RunningBulls.jpg 335w\" sizes=\"(max-width: 201px) 100vw, 201px\" \/><figcaption id=\"caption-attachment-6885\" class=\"wp-caption-text\">In closing, the annual Running of the Bulls took place this week in Pamplona, Spain.<\/figcaption><\/figure>\n<p style=\"text-align: justify\">Congratulations to South Korea for being chosen as the host of the <a href=\"http:\/\/www.nytimes.com\/2011\/07\/07\/sports\/2018-winter-olympics-go-to-south-korea.html?_r=1&amp;hp\">2018 Winter Olympic Games<\/a>!\u00a0 It is the first time for the winter games in South Korea, having served as host city for the summer games of 1988 in Seoul.<\/p>\n<p style=\"text-align: justify\">In closing, the annual <a href=\"http:\/\/abcnews.go.com\/International\/slideshow\/running-bulls-pamplona-Spain-festival-14016478\">Running of the Bulls<\/a> took place this week in Pamplona, Spain.\u00a0 Ol? to the Festival of San Fermin made famous by Earnest Hemingway.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While 4th of July week usually send lots of eyes to the skies in search of spectacular fireworks shows, in Arizona, Mother Nature took center stage.\u00a0 Haboobs &#8212; or severe sand storms \u2013 darkened the midday skies over Phoenix and extended 100 miles wide.\u00a0 The images coming out of the Grand Canyon state looked more [&hellip;]<\/p>\n","protected":false},"author":181,"featured_media":6884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[2421,3281,8381,11451,14271,14751,15261,15701,16541,17241,17771,24821,27771,28201,28951,29541,29901,33981,37071,40471,40571,44381,46041],"class_list":["post-6883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commentary","tag-arizona","tag-barack-obama","tag-cnbc","tag-diana-olick","tag-fannie-mae","tag-fireworks","tag-forbes","tag-freddie-mac","tag-george","tag-government","tag-haboobs","tag-los-angeles","tag-mortgages","tag-nar","tag-new-york-city","tag-nyc","tag-olympics","tag-real-estate","tag-rita-konig","tag-south-korea","tag-spain","tag-twitter","tag-washington-university"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Week in 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