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“Home Depot to Buy Former Unit HD Supply in $9.1 Billion Deal”

November 16, 2020

“Home Depot Inc. agreed to buy building products distributor HD Supply Holdings Inc., reuniting the home-improvement retailer with its former subsidiary more than a decade after they split apart. Home Depot will buy all outstanding shares for about $56 apiece,… Continue Reading…

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Personal Finance, Real Estate

“The pros and cons of refinancing your home”

September 25, 2020

“…refinancing can be a little complicated, especially if your credit score is less than ideal or you’re not completely sure what to expect.  When you refinance, it means you’re essentially taking out a brand new loan on your property, often for the… Continue Reading…

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Real Estate

“U.S. new home sales rise to near 14-year high”

September 24, 2020

“Sales of new U.S. single-family homes increased to their highest level in nearly 14 years in August… The Commerce Department said on Thursday new home sales rose 4.8% to a seasonally adjusted annual rate of 1.011 million units last month,… Continue Reading…

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Real Estate

“Existing home sales jump to 14-year high, as prices set another record”

September 23, 2020

“Sales of existing homes rose 2.4% to a seasonally adjusted annualized rate of 6 million units, according to the National Association of Realtors. Sales were 10.5% higher compared with August 2019. This is the highest sales pace since December 2006,… Continue Reading…

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Real Estate

“July pending home sales jump over 15% annually, as properties go under contract in record time”

August 31, 2020

“Pending home sales, which measure signed contracts to purchase existing homes, increased 5.9% in July compared with June, according to the National Association of Realtors. Sales were 15.5% higher annually “We are witnessing a true V-shaped sales recovery as homebuyers… Continue Reading…

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Real Estate

“Existing-home sales soar at a record pace in July…”

August 24, 2020

“The numbers: Sales of previously-owned homes in the U.S. rose 24.7% between June and July to a seasonally-adjusted annual rate of 5.86 million, the National Association of Realtors reported Friday. It was the second consecutive month in which the monthly increase was… Continue Reading…

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Real Estate

“July home sales spike a record 24.7% as prices set a new high”

August 21, 2020

“Sales of existing homes soared 24.7% in July from June, according to the National Association of Realtors. That’s the strongest monthly gain in the history of the survey, going back to 1968, and the highest sales pace since December 2006.… Continue Reading…

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Real Estate

“Mortgage rates fall to a record low for the eighth time this year, making buying a home more affordable for many Americans”

August 6, 2020

“As mortgage rates continue to decline to new record lows, prospective home buyers are facing a frustrating situation: Cheap financing is everywhere, but there’s seldom a home to buy. The 30-year fixed-rate mortgage averaged 2.88% for the week ending August… Continue Reading…

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Real Estate

“2020 is the summer of booming home sales – and evictions”

July 27, 2020

“…This summer is one of the best times for home buyers and worst for many renters. Americans with money in the bank are buying bigger homes, while renters increasingly worry about eviction. Nearly 15 million homes sold nationwide in April,… Continue Reading…

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Real Estate

“U.S. home construction jumps 17.3% in June”

July 17, 2020

“Construction of U.S. homes jumped 17.3% in June as some states reopened… The Commerce Department reported Friday that new homes were started at a seasonally adjusted annual rate of 1,186,000 in June after a modest recovery in May followed steep… Continue Reading…

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