Trending News: April 24, 2024

Existing home sales retreated in March as home prices rose last month even as fewer sales occurred and unsold inventory grew. Meanwhile, a new HUD rule aims to increase lender participation via a tribal housing program. And finally, prices for luxury homes soared in the first quarter.

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Show Notes

Existing home sales retreated in March. Home prices rose last month even as fewer sales occurred and unsold inventory grew. Read more

New HUD rule aims to increase lender participation in tribal housing program. The rule is designed to allow more lenders into HUD’s Section 184 program, strengthen regulations and ensure access for Native American beneficiaries. Read more

Prices for luxury homes soared in the first quarter. About half of these high-end homes are purchased with cash, Redfin reported. Read more

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