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Real Estate News Brief - Busy Home Builders, Lender Loan Bias, Wealthy Baby Advantage
In this week's Real Estate News in Brief... why home builders are so busy, what lenders think of smaller home loans, and what money can do for a child’s success in life. We begin with economic news from this past week and home sale activity that’s giving builders more confidence about the housing market. The National Association of Homebuilders reported a 3-point rise in their home builder confidence index to 66. Anything higher than 50 is in positive territory. NAHB chairman Greg Ugalde says: “Builders are busy catching up after a wet winter and many characterize sales as solid, driven by improved demand and ongoing low overall supply.” www.NewsForInvestors.com