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Biden Looks to Give a Big Boost to Homebuyers and Builders
President-elect Joe Biden’s housing agenda is focused on affordability. Changes to mortgage lending and home construction will be key.
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New York City May Turn Vacant Retail Space Into Covid Testing Sites, Says Real Estate Mogul
Converting vacant retail space into rapid testing sites could help people feel comfortable going back to restaurants, real estate executive William Rudin said.
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Mortgage Refinance Demand Spikes 20% as Borrowers Fear Missing Out on Record-Low Rates
After setting more than a dozen record lows last year, mortgage rates began 2021 on an upward climb. That lit a fire under borrowers hoping to refinance.
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Improvement in Covid-Related Mortgage Bailouts Drops Dramatically Along With Job Losses
More borrowers are getting current on their mortgages again, after falling behind on payments due to the coronavirus pandemic. But the improvement is slowing.
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I Retired at 34 With $3 Million—Here Are 5 Downsides of Early Retirement That No One Tells You
The freedom of getting to wake up whenever I want and no longer having to put up with unproductive meetings is pretty nice. But early retirement won’t solve all your problems.
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Congress Approves $25 Billion in Rental Assistance. Here's How to Apply
Congress has established a $25 billion fund to help people who’ve fallen behind on their rent in the pandemic. Wondering if you qualify, and how to apply?
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Buyers and Sellers Are Substantially More Pessimistic About the Housing Market, as Covid Cases Surge Again
After a strong surge in home sales over the past six months, suddenly consumers are concerned about the overall health of the housing market.
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Op-Ed: Harnessing Market Forces for Good Can Ease America's Growing Housing Crisis
At a time when staying home has been so essential to protecting our health and communities, an alarming number of families are in danger of eviction, write Bobby Turner and Chris Paul.
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Mortgage Demand From Homebuyers Pulled Back Sharply, Even as Rates Ended 2020 Near Record Low
The stunning surge in home buying demand, brought on by the coronavirus pandemic, may finally be easing up.
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Mall of America Is No Longer Delinquent on $1.4 Billion Mortgage
Mall of America is current again on its $1.4 billion mortgage, after missing months of payments during the Covid crisis with stores shut down.
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Snowflake CEO Says Covid Has Shown Old Approach to Working at the Office Is ‘Nonsense'
“It’s really going to reduce the real estate footprint that companies have,” Snowflake CEO Frank Slootman told CNBC.
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Republican Senators in Georgia Runoffs Get Late Boost From Real Estate, Wall Street Donors
Wall Street and real estate executives are making a late push into Georgia Senate runoffs mainly to help the two Republican incumbents.
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Home Prices Are Rising Faster in the Middle of the U.S. as Covid Drives People Away From Coasts
Home prices are rising across the nation, but the usual geographical trends are being turned on their heads by the coronavirus pandemic.
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Millions of Americans Moved During the Pandemic — and Most Aren't Looking Back
Americans fled big cities in droves to escape the coronavirus pandemic — and many of them are staying, permanently or indefinitely.
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This ‘Doomsday Prepper Dream Home' in the Nevada Desert Is on Sale for $900,000 — Take a Look Inside
Referred to as a “castle,” the round building has 22 rooms, 16-inch walls and exists completely off the power grid and includes 40 acres of land.
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November New Home Sales Fall More Than Expected, Builder Stocks Drop
Sales of newly built homes came in far weaker than expected for November, and builder stocks are not taking it well.
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Homebuyer Demand for Mortgages Eases to End a Record-Breaking 2020
Mortgage demand ended the year significantly higher than 2019, but appears to be cooling off a little for the holidays.
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Existing Home Sales Decline for the First Time in 5 Months as Prices Rise and Supply Falls
After five consecutive months of gains, closed sales of existing homes turned lower in November from October.
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Rental Assistance in New Covid Relief Plan Is Not Enough, Experts Warn
The $900 billion economic relief bill carves out a slice for renters and landlords, but some economists claim it is not enough.
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Home-Flipping Profits Are the Highest in 20 Years, But Fewer Are Doing It
While home-flipping activity overall dropped in the third quarter of this year, gross returns for flippers soared to the highest level in 20 years.