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Red-Hot Housing Market Fuels Mortgage Borrowing Record

Red-Hot Housing Market Fuels Mortgage Borrowing Record Americans borrowed more than ever to buy homes in 2021. Mortgage lenders issued $1.61 trillion in purchase loans in 2021, according to estimates by the Mortgage Bankers Association. That is up slightly from $1.48 trillion in 2020 and above the previous record of $1.51 trillion in 2005. Purchase

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Fannie Mae, Freddie Mac to Back Home Loans of Nearly $1 Million as Prices Soar

Fannie Mae, Freddie Mac to Back Home Loans of Nearly $1 Million as Prices Soar The federal government is about to back mortgages of nearly $1 million for the first time. The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac are expected to jump sharply in 2022, a reflection

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Retirees Spend a Lot of Time and Money to Buy Their ‘Forever Home.’ Then They Sell It.

Retirees Spend a Lot of Time and Money to Buy Their ‘Forever Home.’ Then They Sell It. To Rick Brown and Jeanne Brown, finding a forever home has seemingly taken forever. In just five years, the couple—he’s 71 and she’s 72—bought or built two different houses that they planned to live in for the rest

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Fish for a cause — Coldwell Banker Exclusive Realty’s bass fishing tournament and Fundraiser — is a success

Fish for a Cause — Coldwell Banker Exclusive Realty’s Bass Fishing Tournament and Fundraiser was a huge success!  Anglers came together on April 10, 2021 at Green Pond Landing on Lake Hartwell to compete for a grand prize of $2,000. 105 boats came out despite a bit of rain to raise money and items for

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Homes Now Typically Sell in a Week, Forcing Buyers to Take Risks

This article was written by Nicole Friedman and originally published by The Wall Street Journal on November 11, 2021. American home buyers are having to pounce faster than ever to clinch a deal, forcing many of them to make snap decisions about what house to purchase and how much to pay. Home sales between July

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Coldwell Banker Exclusive offering $1,000 signing bonus for new agents

The following article was originally posted on andersonscliving.com on October 25, 2021 at https://andersonscliving.com/business/coldwell-banker-exclusive-offering-1000-signing-bonus-for-new-agents/ There are more real estate agents nationwide in 2021 than ever before, but the field is changing dramatically, with social media, virtual tours and online real estate sales changing the way real estate companies interact with buyers. Employment of real estate brokers and

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