A decade after the housing market emerged from a deep downturn, housing is hot again. Indeed, home values are soaring to new highs. With its double-digit appreciation and rampant bidding wars, the latest real estate party has some eerie similarities to the last one. “It’s clearly the strongest housing market that we’ve seen since the global…

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Sizeable increases in home prices and low inventory won’t be enough to drive buyers away just yet. Buyers are likely to continue to hunt for homes due to low-interest rates that have driven affordability to the point where buying is cheaper than renting in more cities across the nation, according to a realtor.com study. The company compared…

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MBA Newslinks August 24, 2020 Ahead of this morning’s S&P CoreLogic Case-Shiller Home Price Indexes, a report from First American Financial Corp., Santa Ana, Calif., said low mortgage rates, tight supply and demographic demand will continue to drive home price appreciation well into autumn. “Mortgage rates are even lower (below 3% for the first time…

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