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NAR, NAHB Issue Statements on Proposed Housing Measures in SOTU
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In his speech, Biden called for a $10,000 credit for first-time homebuyers as well as a $10,000 credit for people who sell starter homes. The measures, which would have to be passed by Congress, are aimed at unfreezing a housing market that has been stymied by elevated mortgage rates and home prices that have frustrated many hopeful first-time buyers...
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