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The NAR says the market needs an additional 320,000 new home listings valued at no more than $256,000 so that borrowers earning below $75,000 can get into the market.
Read More »Report: Housing Market Still Short on Middle-Income Housing
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Institutional Buyers Accounted for 13% of Residential Sales in 2021
An examination of institutional home buyers by NAR found that this segment of buyers comprised 13.2% of the nation’s residential property sales in 2021, up from 11.8% in 2020.
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