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Jim Woodard

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Big demand for bigger mortgages (access required)

Applications for large mortgages are exceeding the number for modest mortgages in today’s market. Mortgage bankers funded $26.6 billion of jumbo loans during the third quarter of last year. That’s a 30 percent gain from the same period during the ...

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Boomers help children, buy homes (access required)

An interesting trend is surfacing in today's housing industry. More first-time homebuyers are being financially assisted by their parents. This is particularly noticeable when the parents are among the baby boomer generation. They are showing an intense interest in helping their children and grandchildren become homeowners.

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For seniors, rentals are all the rage (access required)

Seniors seeking a retirement home are increasingly turning to rental units, as opposed to the traditional practice of purchasing a smaller single-family home or condo. At least, they are opting for rentals for temporary housing while waiting for the market ...

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