U.S. Pending Home Sales Fall 1.1% in October as Higher Prices Discourage Buyers. The U.S. real estate market is booming, but a shortage of homes for sale is starting to bit into sales. The post U.S. Pending…
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‘There’s Been a Threat of Mass Evictions’: Biden Plans to Extend National-Eviction Moratorium Through September 2021. Biden’s ambitious housing package also includes funding for emergency rental assistance beyond what was enacted in December. The post ‘There’s Been…
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Fannie Mae, Freddie Mac Can Keep Future Earnings, Per Agreement Between Treasury and Regulators. ‘Until the Enterprises can raise private capital, they are at risk of failing in the next housing crisis,’ Federal Housing Finance Agency Director…
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Existing-Home Sales Fall in November as Buyers Struggle to Find Properties to Purchase. The inventory of homes for sale dropped to a new record low, fueling major price increases amid high demand. The post Existing-Home Sales Fall…
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New-Home Construction Activity Soars to Highest Level in Over a Decade, as Builders Rush To Produce Single-Family Homes. Growth in the single-family sector drove the rise in both housing starts and building permits in December. The post…
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New-Home Sales Fall as Buyers Begin to Get Cold Feet in an Expensive Market. Getting into a new home is more expensive these days than it was a year ago, which is bad news for home buyers…
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