Will the building momentum in existing-home sales stick for the rest of the year? NAR’s chief economist weighs in.
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Borrowing costs moved lower this week, as the 30-year fixed-rate mortgage dipped to a 4.10 percent average.
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“Home flipping is settling back into a more historically normal pattern after a flurry of flipping during the recent run-up in home prices in 2012 and 2013,” according to RealtyTrac’s second quarter Home Flipping Report.
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Home owners may find higher electricity costs are taking a bigger chunk from their wallets, particularly if you live in the New England region.
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The lower share of first-time home buyers is likely the main culprit behind the flat-lining of the nationwide townhome market.
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