New-Home Prices Soar to 5-Year High
As inventory remains at record lows, prices of new-homes jumped a record-breaking 11.2 percent in August, the U.S. Census Bureau reported Wednesday.
As inventory remains at record lows, prices of new-homes jumped a record-breaking 11.2 percent in August, the U.S. Census Bureau reported Wednesday.
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SBA Raises Revenue Standards for Real Estate
SBA Raises Revenue Standards for Real Estate
The U.S. Small Business Administration will be increasing revenue standards for several categories within the real estate industry.
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Fiserv: Home Prices Still Have a Long Way to Climb
Fiserv: Home Prices Still Have a Long Way to Climb
Despite recent progress, home prices still have a long way to go to return to the peaks they reached during the housing boom, the analytics firm Fiserv reports.
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Loan Applications Rise as Rates Reach Record Lows
Loan Applications Rise as Rates Reach Record Lows
More home owners and purchasers took advantage of locking in last week’s record-low mortgage rates.
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Pending Home Sales Decline in August
Pending Home Sales Decline in August
After reaching a two-year peak, pending home sales fell in August but are at elevated levels compared with a year ago, according to NAR.
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Rural Areas to Stay Rural — for Now
Rural Areas to Stay Rural — for Now
Communities that have outgrown a 38-year-old definition of “rural” will continue to be eligible for mortgage assistance while the federal Rural Housing Service transitions to a new way of tracking population and income changes.
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