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Number crunch demonstrates how the share of new home sales has been off the norm for years.
Points presented aim to encourage lenders to reach more borrowers
A major stumbling block for potential borrowers, the MBA's chief executive David H. Stevens says, are "credit overlays."
The Washington Post reports that sales of existing homes shot up in July, but sales of newly built homes fell.
Two similar homes less than a mile from one another can have a price difference of $100,000
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