The Real Estate industry is an ever-evolving entity in our time. Keeping up with it's fluctuations can be intimidating. Let's keep ourselves informed!

Tuesday, June 27, 2006

Bargain hunters spur unexpected rise in home sales, analysts say


Builders are offering incentives such as free country club memberships and luxury car leases to lure buyers put off by rising mortgage rates. The gain in sales confirms the Federal Reserve's forecast that the slowdown in housing won't be abrupt and may prompt policymakers to continue their series of interest-rate increases beyond this month. READ MORE

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