Builders say they’re not feeling the relief yet

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National Association of Realtors
July 8, 2021

Lumber Has Little Effect

Though the cost of framing lumber has fallen 50% in recent weeks, there’s a lag time before builders feel the relief.
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Mortgage Applications Drop to Pre-Pandemic Levels

The decline, which suggests a slowdown in buyer demand, occurred even as mortgage rates also fell.

Community Rallies Around Real Estate Wire Fraud Victim

Donations from strangers help a struggling Florida mom recoup the $63,000 down payment she lost to scammers.

Seller Optimism Has Never Been So High

A record number of sellers say it’s a good time to be in the market—but buyers completely disagree, data suggests.

Cities That Benefitted Most From Pandemic Relocations

The area with the largest share of out-of-town buyers has also seen the fastest appreciation in home prices, according to a new study.

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