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Red Hot Real Estate Markets Have Turned Surprising Profits for Unintentional Property Flippers
Real estate brokers are seeing a rising number of unintentional real estate flippers as wealthy buyers find luxury properties are scarce.
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Existing Home Sales Suffer Second Straight Monthly Decline as Tight Supply Pushes Prices Higher
Low supply continues to push prices ever higher. The median price of an existing home sold in March was $329,100, a 17.2% increase from March 2020.
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A House Just Rented in the Hamptons for $2 Million for the Summer
A home in the Hamptons rented for $2 million for the summer, as demand far outstrips a record low supply of homes for sale and for rent, according to brokers.
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Yelp Data Shows More Than Half Million New Businesses Opened in the Past Year
“After a challenging year, 2021 is off to an encouraging start for the local economy,” Yelp data scientist Justin Norman told CNBC.
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Weekly Mortgage Demand Jumps 8.6% After Interest Rates Fall to a Two-Month Low
A sharp drop in mortgage interest rates sent homeowners and potential homebuyers to their lenders.
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A Look Inside the Most Expensive Home for Sale in Bal Harbour, Florida
One of Villa Magnolia’s biggest selling points is its 221 feet of water frontage.
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Consumer Watchdog Group Issues Policy to Strengthen National Eviction Moratorium
The Consumer Financial Protection Bureau said on Monday that attorneys for property owners who violate the national ban on evictions could face prosecution.
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$19 Million Mansion Sells in Delray Beach, Setting New Local Home Sales Record
A 21,000-square-foot megahome in South Florida is the most expensive non-oceanfront home ever sold in Delray Beach.
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NFL Player LeSean McCoy Wants to Build a Real Estate Empire Using Opportunity Zones
NFL running back LeSean McCoy has 60 properties, some operating under his Vice Capital real estate firm.
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Real Estate Investor Who Shorted Subprime Mortgages Says This Housing Boom Is in a Bubble, Too
Billionaire real estate investor Jeff Greene bet against subprime mortgages. He told CNBC Friday he thinks the housing market is in a bubble again.
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States Struggle to Give Out Over $45 Billion in Rental Assistance as Evictions Continue
Rental assistance may not come soon enough for tenants struggling in the coronavirus pandemic.
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‘Phony Money Paying for Real Money' — Cramer Sells Some Bitcoin and Pays Off a Home Mortgage
“It was so great to pay off a mortgage. It was like, kind of, phony money paying for real money,” CNBC’s Jim Cramer said.
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Retired and House Hunting? How to Finance Your Next Home Purchase
While getting a mortgage in retirement can be tricky, there are alternatives to traditional financing or other strategies that may help you qualify.
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Homebuilder Confidence Rises in April Despite Record High Lumber Prices
One year after home construction ground to a screeching halt, due to the Covid pandemic, builders are more than bullish yet again.
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Mortgage Refinance Demand Hits Lowest Level in Over a Year, and Homebuyers Retreat, Too
It was a mixed week for mortgage rates, which started high and then fell slightly, but the damage was done early.
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San Diego Real Estate Market Booms
“Now is the time to sell,” according to a local real estate expert. NBC 7’s Ashley Matthews has more information on the San Diego real estate boom.
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‘When Is the Housing Market Going to Crash?' Is a Red-Hot Search on Google – Here's Why
Google reported last week that the search “When is the housing market going to crash?” had spiked 2,450% in the past month.
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Op-Ed: More Boomers Are Choosing to ‘Upsize' Their Homes in Retirement
Rather than downsizing, retirees are starting to upsize, moving to bigger homes in their golden years. They’re doing it for all sorts of reasons.
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Rocket Mortgage Founder Dan Gilbert Made $30 Billion on Paper After Stock's Surge
The spike in Rocket Companies’ stock price created a massive one-day gain for the company’s largest shareholder.