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Texas Gov. Greg Abbott told CNBC on Friday that the number of companies deciding to move their headquarters to the Lone Star State has accelerated due in part to the coronavirus pandemic. The Republican governor’s comments came shortly after it was reported that software giant Oracle is moving its corporate center from Redwood City, California,
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Scott Heins | Getty Images News | Getty Images The next stimulus package may include relief for renters struggling in the pandemic. In a summary of the bipartisan legislation circulated on Wednesday, lawmakers included a national eviction moratorium until February, 2021, and $25 billion in rental assistance for tenants who’ve fallen behind. Those funds would
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A house for sale in Sarasota, Florida Scott Mlyn | CNBC  Thanksgiving week isn’t usually a popular time for homebuying, but most economic numbers this year are incomparable, especially in the pandemic-spiked housing market.  Mortgage applications to purchase a home jumped 9% last week from the previous week, according to the Mortgage Bankers Association’s seasonally
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As many as 35 million Americans are facing the possibility of eviction due to an inability to make housing payments on time. In some states, such as Mississippi, Florida, and West Virginia, the proportion of renters facing the possibility of eviction exceeded 50% earlier this year. If you’re among the millions of Americans caught in the late
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Sales of existing homes in October soared well past expectations, rising 4.3% compared with September and 26.6% annually to a seasonally adjusted annualized rate of 6.85 million units, according to the National Association of Realtors. The NAR’s chief economist, Lawrence Yun, called the annual increase “a spectacular gain.” The annualized sales rate is the highest
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