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Investor share of resi market supported by smallest buyers

Investor share of resi market supported by smallest buyers
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Affordable Housing, Retention Products; Events Early Next Week; Dive Into Recent Economic Stats

Competition is the mainstay of many businesses and individuals. How does UPS compete to hire drivers for their trucks? One way might be to offer air conditioning, which has been negotiated for the first time. Lenders and vendors are led by competitive people, and several own interests in major or minor league sports franchises, the latest being Stan Middleman &amp; the Phillies. Competition in the food and beverage industry? SF’s Anchor Steam was scaling back, Tupperware is in rough straits, and now the owner of Pyrex and Insta Pot is filing for bankruptcy! How is the public expected to keep its leftovers!? Builders are out there competing for lots. Residential lenders don’t compete with real estate agents, but NAR is always discussing its lobbying efforts. This week the Mortgage Bankers Association (MBA) is hosting a national, industry-wide campaign to grow its free grassroots advocacy network, the Mortgage Action Alliance (MAA), a non-partisan and effective way

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American dream of owning a home out of reach for many in tight markets

Many middle- and lower-income Americans are left with a dwindling number of options or forced into renting while supply increases for the wealthiest buyers

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Your day-to-day guide to the Dubai Duty Free Irish Derby at the Curragh this weekend

What s on at The Dubai Duty Free Irish Derby Festival at the Curragh on Friday, Saturday and Sunday. Friday features the Comer Group International Curragh Cup a.

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Hottest Housing Market Ever

How hot was the housing market in 2021? About $3 trillion hot, according to a report from CoreLogic. The company, which analyzes information, assets and data to provide clients with analytics and customized data services, said people spent $2.8 trillion on homes last year, setting an all-time high and beating the previous record holders, 2020 and 2005, by more than $600 million. And if you compare the total transactions in 2021 to 2011, the total amount spent on housing sales was under $1 trillion, more than $2 trillion less than last year.

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