Owners of Larger Homes More Likely to ExpandHome owners who already own larger homes are more likely to add additional space through remdoeling and expansion projects, according to a recent survey.

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The International Monetary Fund says that several global housing markets are overheating.
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Mortgage rates inched up this week, with the 30-year fixed-rate mortgage averaging 4.20 percent.
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In Los Angeles, the luxury market may start at $4 million, while in Houston, luxury’s price tag may come at a much lower rate, starting at $1 million, according to real estate panelists at the National Association of Real Estate Editors’ conference.
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The baby boomers’ housing choices could have significant implications for the housing market. As this large generation reaches retirement age and empty their nests, will they abandon their preferences for detached, single-family houses?
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The Veterans Affairs loan program – which has long been saddled with low participation rates – is garnering more attention.
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