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Home Prices -Top news

Which Office Markets Are Best Bets for Opportunity Zone Investment?
(NREIonline) - 6 hours, 51 minutes ago...
Investors have to keep in mind that to reap full tax benefits, the value of capital improvements has to match the value of the initial purchase price....
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At $238 Million, It’s the Highest-Price Home in the Country
(NY Times) - 6 hours, 52 minutes ago...
A hedge fund billionaire closes on a Central Park apartment, paying more than double the previous record price for a residential sale in New York City....
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FHFA Home Prices See No Slowdown
(Mortgage News Daily) - 11 hours, 48 minutes ago...
Posted To: MND NewsWireThe Federal Housing Finance Agency (FHFA) said its November Housing Price Index recorded an 0.4 percent gain compared to October. The October increase, previously reported at 0.3 percent, was revised to 0.4 percent as well. FHFA numbers, which are calculated from sales price information for homes financed with mortgages sold to or guaranteed by the GSEs Fannie Mae and Freddie Mac, appear to be moving counter to other indices which have shown price growth moderating. With t...
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MBS Day Ahead: Unfriendly Trends in Stocks and Bonds, But For How Long?
(Mortgage News Daily) - 11 hours, 48 minutes ago...
Posted To: MBS CommentaryBond yields and stock prices are beginning the day in moderately higher territory than yesterday. This keeps a negative trend intact for bonds (both in terms of the higher bond yields themselves as well as the higher stock prices that have gone hand in hand with January's correction). "Negative trends" vary quite a bit in terms of motivation, duration, severity, and the function served. In terms of motivation, this negative trend arguably only exists becau...
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Rising Inventories Tempering Prices, Existing Home Sales Resume Slide
(Mortgage News Daily) - 11 hours, 48 minutes ago...
Posted To: MND NewsWireExisting home sales finished up the year on a decidedly sour note. After putting together consecutive increase in October and November and ending a six-month losing streak, the National Association of Realtors® reports sales plummeted 6.4 percent in December. Sales of previously owned single-family houses, townhouses, condos and cooperative apartments were at a seasonally adjusted annual rate of 4.99 million compared to 5.32 million in November. Existing home sales, wh...
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Fannie/Freddie Changes Run the Gamut, Including Shutdown Underwriting Shift
(Mortgage News Daily) - 11 hours, 48 minutes ago...
Posted To: MND NewsWire“Some people are so poor, all they have is money.” How about “26 of the World’s Richest Own the Same Wealth as Poorest Half” in the world!? To the best of my knowledge the PUGS (partial U.S. government shutdown) is not helping anyone’s wealth and is impacting U.S. citizens. Freddie and Fannie released policy and procedure updates caused by the shutdown – more below. Lender Products and Services What’s the mortgage version of ...
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U.S. home sales plunged 6.4% in December, pushing down price growth
(LA Times Real Estate) - 1 days, 20 hours ago...
U.S. home sales cratered in December, causing price growth to slip to the lowest level in nearly six years as the housing sector ended 2018 on a decidedly weak note. The National Assn. of Realtors says that sales of existing homes plunged 6.4% to a seasonally adjusted annual rate of 4.99 million......
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