The holiday season and early winter storms did little to affect top markets, as the number of top 100 markets to reach or surpass their peak prices at the height of the boom in 2007 increased to 29 markets.
California housing markets, which have dominated the home price gain charts year-over-year, are losing steam to southern markets as those areas benefit from a new supply of jobs and stable local economies.
Layton has over 35 years of experience in financial services and as a corporate leader. He worked for nearly 30 years at JPMorgan Chase and its predecessors, starting as a trainee and rising to vice chairman and member of the three-person Office of the Chairman, retiring in 2004..
"The questions become, ‘Do the courts find a distinction between housing policy and lending, as in whether to make a loan and how you price that loan? Does the government get broader discretion than the private sector?’ ” Andreano said. “It’s not fleshed out.” Read More