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HomeWeely Real Estate NewsForeign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them

Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them

August 2, 2023 Mark Paul Cervantes Weely Real Estate News Comments Off on Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them

For the 15th consecutive year, Florida remained the top destination for foreign buyers, accounting for 23% of all international purchases.

The post Foreign Buyers Acquiring Fewer US Existing Homes, But Paying More for Them appeared first on Weekly Real Estate News.

  

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Federal Reserve fines Regions Bank $2.95 million for ‘unsafe’ flood insurance program

August 24, 2023 Comments Off on Federal Reserve fines Regions Bank $2.95 million for ‘unsafe’ flood insurance program

The Federal Reserve System this week fined Birmingham, Ala.-based Regions Bank $2.95 million for “unsafe and unsound practices in its flood insurance compliance program and for flood insurance regulatory violations,” according to the Fed. The […]

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New Home Sales Benefit from Inventory Issues

August 24, 2023 Comments Off on New Home Sales Benefit from Inventory Issues

Sales of newly constructed homes appear to be benefitting from the very lack of inventory that is stifling existing home sales.  July’s sales of pre-owned homes lagged sales a year earlier by more than 16 […]

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Economy

Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

August 23, 2023 Comments Off on Analysis: US bond yields surge despite muted inflation as investors look beyond Fed

NEW YORK, Aug 23 (Reuters) – A recent spike in U.S. bond yields has come alongside muted expectations for inflation, a sign to some bond fund managers that economic resilience and high bond supply are […]

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