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Market by Martin |
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Brought to you by at Compass |
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New and Noteworthy |
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Why Staying Put Could Spell Disaster Cheap mortgages are forcing millions of U.S. homeowners to stay put. That is becoming a problem well beyond the property market. Costlier mortgages have pushed residential values higher. The value of the median existing home rose to a record $419,300 nationwide. Before the pandemic, it was $270,000, a 55% jump in 5 years. (Read More) |
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Strong Showing From Stock Market in First Half of 2024 The stock market has booked a 15% return at the halfway mark this year. This is among the top-seven best starts in the last 35 years, with the S&P 500 setting more than 30 new record highs year-to-date. I n the 11 years in which stocks were up 10% or more at the end of June, the average full-year return went on to be 29%. (Read More) |
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