Tag Archives: Markets & Economy

Fewer homes sell in August than last year, a first since pandemic boom

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Home sales declined in August on a seasonally adjusted basis, settling in 6 percent lower than the same time last year. Continue reading →

‘Holding pattern’: Virus extends stable period for mortgage rates

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Rates for 30-year mortgages have remained virtually unchanged for two months even as lenders reported recent movement on other loan types. Continue reading →

Profit margins drop on fixer-uppers as flip sales ramp back up

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Fix-and-flip investors have seen their lowest profit margins in a decade, with the typical return falling to 34 percent. Continue reading →

Regulators loosen reins on Fannie and Freddie

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It’s been an abrupt about-face for Fannie and Freddie, which under the Trump administration were on a path to privatization. Democrats have put the brakes on those plans, seeing an opportunity to use Fannie and Freddie to provide better access to home … Continue reading →

It looks like the US is headed for a 2nd wave of homeowner reshuffling

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A large share of employees want to work remotely, but some say their employers’ lack of guidance on this policy is delaying big decisions. Continue reading →

Prices for home construction materials dip for first time in 2021

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Builders got a break in August from the price increases of previous months, but the unpredictable swings in costs remained unwelcome. Continue reading →

Foreclosure rate falls to 22-year low with every US state tallying declines

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The foreclosures rate fell to 0.2 percent in June 2021 from 0.3 percent the previous year, according to data released Tuesday from CoreLogic. Continue reading →

These are the most family-friendly suburbs in the US

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Looking at schools and infrastructure, realtor.com identified the most family-friendly suburb for each of the country’s 11 biggest cities. Continue reading →

Is your client ready to buy a home? This is the best time to do it

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Here’s the best time to purchase a home, according to realtor.com’s latest real estate market report. Continue reading →