Existing-home sales slowed in April, with all major regions of the country – except the Midwest – experiencing declines, NAR reports.
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Single households now make up the second most common household type, even surpassing married households with minor children, reports show.
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Average fixed-rate mortgages moved slightly lower this week, a welcome reversal following three consecutive weeks of increases.
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Two reports released this week from Fannie Mae and Freddie Mac economists reflect greater optimism in the housing market this year.
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Investors are watching closely the wave of construction of new apartments and how that could impact vacancies as well as their abilities to continue to raise rents.
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New census population estimates show that the South has some of the fastest growing cities in America.
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