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Home Prices -Top news

Why the Housing Market Is Slumping Despite a Booming Economy
(NY Times) - 3 hours, 50 minutes ago...
Home prices are out of reach relative to incomes and mortgage rates. The big question for the economy is how the imbalance adjusts....
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Median home prices up overall in Jacksonville — but the lower end of the market is where the action is
(BIZ Journals) - 3 hours, 51 minutes ago...
Despite a recent cooldown in Northeast Florida's housing market, it continues to show strong numbers, especially for lower-end homes. Year-to-date, homes are spending 64 days on the market before they are sold, 11 percent faster than last year, according to October data released by the Northeast Florida Association of Realtors. Properties valued between $150,000 and $199,999 are spending the least amount of time on the market, selling in an average of 44 days, 24 percent faster than this ...
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Israel faces intense rocket fire from Gaza as Hamas retaliates for botched commando raid
(Yahoo) - 23 hours, 57 minutes ago...
Israel was facing the most intense rocket barrage from Gaza since the 2014 war on Monday as Palestinian militants opened fire in response to a botched Israeli commando raid inside the strip.    Hamas and its allies fired more than 300 rockets and mortars on Monday evening, according to the Israeli military, filling the skies with explosions and sending thousands of Israeli civilians fleeing to bomb shelters.  One Israeli soldier was seriously wounded after a bus was hit with an an...
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Afternoon Mortgage Rate Improvements For Most Lenders
(Mortgage News Daily) - 23 hours, 57 minutes ago...
Posted To: Mortgage Rate WatchMortgage rates began the day in roughly unchanged territory. Some lenders were microscopically stronger or weaker compared to yesterday, but not enough to impact the average mortgage borrower. For the first few hours of the day, it looked as if rates would stay unchanged or possibly move slightly higher. That all changed when stocks began losing ground. It's always worth remembering (and this will be especially true when the next time it's proven) that the...
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Waterfront mansion in Coral Gables sells for $10.4M (Photos)
(BIZ Journals) - 1 days, 3 hours ago...
A waterfront mansion in the Old Cutler Bay area of Coral Gables has sold for $10.41 million, according to brokers at EWM Realty International. Jose I. Garcia and Elizabeth J. Garcia sold the 8,300-square-foot home at 9375 Balada St. to Daniel J. Hughes. The buyer was represented by Jessica Adams, of EWM’s Riley Smith Group, while the broker for the seller was Dennis Carvajal of One Sotheby’s International Realty. The price equated to $1,254 a square foot. The home was completed on...
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MBS RECAP: Best Levels in More Than a Week Ahead of CPI
(Mortgage News Daily) - 1 days, 3 hours ago...
Posted To: MBS CommentaryCPI (the Consumer Price Index) has been the most relevant economic report on the horizon since the balmy NFP report from 2 weeks back. Reason being: NFP contained a strong wage growth component, and that always generates some fear among bond traders that higher wages will translate to higher inflation. Economists aren't exactly expecting a big uptick in tomorrow's CPI data, but that's precisely why it's been something of a risk. In other words, if CPI...
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Living In: Living In ... Lawrence Park West, Yonkers, N.Y.
(NY Times) - 1 days, 3 hours ago...
The area resembles affluent Bronxville more than it does the rest of Yonkers, except when it comes to the (much lower) home prices and property taxes....
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Living In: Lawrence Park West, Yonkers: Affluent Setting, Without the Price Tag
(NY Times) - 1 days, 3 hours ago...
The area resembles nearby Bronxville more than it does the rest of Yonkers, except when it comes to the (much lower) home prices and property taxes....
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Houston home sales, prices, inventory rise in October, luxury market jumps
(BIZ Journals) - 1 days, 3 hours ago...
Houston’s housing market returned to more normal trends in October after year-over-year comparisons in August and September were skewed by the effects of Hurricane Harvey in 2017.  The Houston Association of Realtors reports that 6,716 single-family homes were sold in October, up 4.7 percent from a year earlier, and sales of all property types totaled 8,127, up 6 percent. Single-family home sales increased in all pricing segments except those priced at $150,000 and below. The luxury ...
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