U.S. new home sales rose in November by 5.8%
[ad_1] The numbers: U.S. new home sales rose 5.8% to a seasonally-adjusted rate of 640,000 in November, from a revised 605,000 in the prior month, the Commerce Department reported Friday.…
Homebuyers are turning to all-cash offers to get around high mortgage rates
[ad_1] Frustrated by mortgage rates above 6%, a growing share of first-time homebuyers are opting to pay for their homes in cash to avoid high borrowing costs. In October this…