While sales of newly built single-family homes is on the rise, buyers are finding much fewer choices as inventory sinks to a new record low.
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Following several positive reports this week of a housing market gaining momentum this week, fixed-rate mortgages inched higher.
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Where Are the First-time Home Buyers?

With ultra-low mortgage rates and high affordability, first-time home buyers may never have a better time to jump into the housing market. So why aren’t there more of them?
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More Home Owners Come Out From ‘Underwater’

However, a disproportionate number of home owners in one age group still owe more on their mortgage than their home is currently worth. Find out why economists are so concerned.
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Too Stigmatized? Jeffrey Dahmer’s Home for Sale

The home that was the site of convicted serial killer Jeffrey Dahmer’s first murder is up for sale. The seller is hoping buyers can look past the home’s grizzly history.
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Housing Improvement Tied to Hispanic Surge

The latest U.S. Census figures for June show year-over-year Hispanic homeownership rose by 7.3 percent from 6.2 million to 6.7 million.
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