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As China’s hot economy cools down, its home builders, big and small, look to the U.S. to expand.
As part of its multi-year effort to consolidate its management structure, PulteGroup will eliminate as many as 10 executives at the divisional president level or higher, according to a Wall Street Journal report. The cuts come several months after Pulte
Home prices and mortgage rates are so low that it is cheaper to own a home than it is to rent in many cities.
For the second straight year, real estate stocks ended the year with gains twice as high as the general stock market, The Wall Street Journal reported. According to Dow Jones, REITs were up 27 percent as of Dec. 28. And while that figure is down slightly
The housing industry gave mixed reviews to the Obama administration's proposal to sell tens of thousands of foreclosed properties owned by government-backed entities and then convert them to rentals, reported the Wall Street Journal.
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