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Daily Real Estate News
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Fed To Stop Buying MBS
Federal Reserve is committed to keeping interest rates low, though it will stop buying mortgage-backed securities at the end of March.
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Sam Zell: Recovery Is Underway
The billionaire real estate investor says markets should be noticeably stronger next year, though the commercial sector will struggle longer.
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In NYC, No Guarantees Against Bedbugs
New York buyers concerned about infestations would be better off examining a building's extermination program than singling out a specific pest, says attorney.
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Mortgage Volume Falls Despite Favorable Rates
Loan activity slipped 1.9 percent last week, though 30-year fixed rate mortgages were below 5 percent, according to the Mortgage Bankers Association.
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Midsize Cities Draw Immigrants
Nashville, Tenn., and Bakersfield, Calif, saw large increases in foreign-born residents, while traditional gateways like New York and Los Angeles saw immigration fall over the last decade.
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