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Bloomberg Businessweek Weekend - March 1st, 2024
Bloomberg Businessweek
US Home Sales Rise in January
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The chapter delves into the increase in sales of pre-owned US homes in January, driven by buyers seizing the opportunities presented by lower mortgage rates in early 2024. It includes insights from Kate Kaminski, COO of Walton Global, focusing on land investments and real estate, who shares the company's strategy of targeting land in growing areas for new home builders and emphasizes the positive forecast for 2024, underscoring the significance of the resale market's impact on new home sales.
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