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Second-Home Sales Up 200% During Pandemic

While the pandemic caused many people to reassess their living situations as the virus began ravaging the country during the first quarter of 2020, many made hard decisions, some went the complete opposite way by doubling down and purchasing a ...

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FHFA Office to Focus on Fintech

By founding the Office of Financial Technology, the Agency will address emerging risks related to the adoption and deployment of financial technology in housing finance.

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Homebuyer Competition Plummets

Nationwide, nearly 50% of home offers written by Redfin agents faced competition on a seasonally adjusted basis in June, according to a new report from Redfin. That’s the lowest share since May 2020 and the first time the bidding-war rate ...

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Five Months of Existing-Home Sales Declines

For the fifth consecutive month, existing-home sales dropped as three of the four major geographic regions of the country experienced month-over-month declines. On a yearly basis, sales sank in all four regions.  All-in-all, total existing home sales for June 2022—which ...

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