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Luxury Home Prices Up 7 Percent in the Fourth Quarter

Stock market gains and soaring investor confidence set the stage for high demand for luxury homes as 2017 came to a close. Luxury home prices rose 7.4 percent year over year to an average of $1.76 million in the fourth quarter of 2017. The[...]
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Redfin Housing Demand Index Remained Nearly Flat in December as Supply Continued to Fall

The Redfin Housing Demand Index remained nearly flat into the end of 2017, falling just 0.6 percent from 128.3 in November to 127.6 in December. The seasonally adjusted number of buyers requesting home tours fell by 3.4 percent while the[...]
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Landlords Just Got a Big Tax Break

Landlords Just Got a Big Tax Break

Through a late provision added to the GOP tax plan last weekend, real estate investors may be on course for a multimillion-dollar tax break. The change would allow real estate investors to take advantage of a new break that provides a 20[...]
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18 Bitcoins Will Buy the Average American Home

18 Bitcoins Will Buy the Average American Home

Image via iStock Bitcoin, the first digital currency that works without a bank or middleman, surged 183.6 percent in the last month, from $5,870.37 per coin on Nov. 12 to $16,650.01 on Dec. 12, according to Bitstamp data. Its market cap is[...]
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2017 Closed with Strong Home Price Growth, Up 7 Percent in December

2017 Closed with Strong Home Price Growth, Up 7 Percent in December

Key Takeaways:Home prices finished the year strong, up 6.8 percent in December from last year to a national median sale price of $287,000 across the markets Redfin serves. Sales were down 2.4 percent ending a year of fluctuating sales[...]
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