Government, the mortgage industry and forces of nature all shook the housing market in 2011. They had both an immediate impact and slow-burning effects, setting the stage for a bumpy 2012 with more foreclosures, political battles and local market risks.
The blog at real estate web site Trulia.com offers brief summaries of these five issues, plus their potential impact on housing in 2012.
1) Robo-Signing Reverberations
2) The Debt Ceiling and the Budget Deficit
3) The Expansion of HARP
4) Natural Disasters Cause Insurance Disaster?
5) Lowering the Conforming Loan Limit