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Carroll founder and CEO Patrick Carroll says the company has raised rents up to 30% to offset rising interest, renovation and labor costs. #FOXBusiness Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all
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House flipping across the U.S. is at its highest levels in more than 20 years. While investors are taking advantage of a white-hot market, home buyers are feeling a pinch. Jennifer Kingson, chief correspondent at Axios, joins CBS News to explain how house flipping may be hurting the overall housing market. #news #housingmarket CBS News
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Patchogue, N.Y.: A home for sale, under contract, on Center Street in Patchogue, New York on May 17, 2022. Steve Pfost | Newsday | Getty Images In many areas of the country, homes continue to sell even as rising mortgage rates, high prices and recessionary concerns filter through economy. During the recent real estate boom,
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People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Mortgage rates dropped for the second week in a row, but that didn’t revive demand from homeowners or potential buyers. Rates fell 10 basis points last week and have declined 24
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