Buyers Rush to Meet Tax Credit Deadline
First-time buyers accounted for nearly half the homes sold in March, according to a survey of real estate practitioners.
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Mortgage Applications Spike
Loan volume rose 10.1 percent last week as the tax credit deadline approaches, according to the Mortgage Bankers Association.
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Commercial Market Is Looking Up
Though loan defaults are still climbing, real estate values in the commercial sector have risen 6 percent in recent months, while $14 billion in loans have been modified over the past six months.
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Foreclosure Backlog Helps Troubled Borrowers
An estimated 1.4 million home owners haven’t paid their mortgages in a year as they try to use the time to stabilize their finances.
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Builders Snapping Up Land at Brisk Pace
Some ready-to-build lots are commanding double the price of a year ago.
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Adult Treehouses Are Tops
Upscale treehouses with electricity and bathrooms can cost as much as $80,000.
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