Potential buyers continue to flood into model homes across the country, and that has made builders feel better about their business than in more than 20 years. But rising timber prices could dampen the market’s momentum this fall. Building confidence in the newly built, single-family home market jumped six points …
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It’s not just emotional purchases, brokers say: There are smart and strategic reasons why Americans of all ages, races and incomes are moving away from urban centers. Why it matters: Bidding wars, terrifying plays for a large suburb house with a pool, buying an invisible amount of real estate – …
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The California Judicial Council on Thursday voted to end the statewide eviction moratorium next month, open landlords’ courts and put pressure on Govin Newsom and lawmakers to tackle a possible housing crisis. Courts will be allowed to process evictions after midnight on September 1, although a patchwork of more than …
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Signage is on Tuesday, October 1, 2019 outside the Freddie Mac headquarters in McLean, Virginia, US. Andrew Harrer | Bloomberg | Getty Images Consumers will have to pay more to refinance their mortgages after Fannie Mae and Freddie Mac announced they were raising fees for lenders on the loans. The …
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Foreign buyers come with a realtor to buy a home in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Two straight weeks of new record-low mortgage rates brought consumers back to their lenders, but rates may now be off course. Mortgage application liabilities increased significantly 6.8% last week compared …
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