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Home sales also rose across Texas in May, increasing 2.9 percent to 33,456 homes. The decline didn’t reflect lower mortgage rates and other positive trends, said Lawrence Yun, NAR’s chief economist.
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REITs that own physical real estate are known as equity REITs, while REITs that own mortgages and other financial assets are known as mortgage REITs. REIT investors should be aware of: Interest.
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