Real Estate News

Amateur investors tap 401(k)s to buy homes

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Apartment construction slows sharply

A sharp pullback in apartment and condominium construction led to a big decline in overall home building in April, even as single-family home construction remained strong, according to government data released Thursday.

Home appraisals no longer derailing sales

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96,000 borrowers shortchanged

Due to a processing error, borrowers received checks for less than what they were owed under a mortgage settlement reached with 13 mortgage servicers, the Federal Reserve said.

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