Prices are rising for new homes, and the land they are built on

Source: Shaila Dewan - The N.Y. Times (Paid Registration)

A few months ago, Michael N. Felix’s phone started ringing again after four years of silence. Mr. Felix is a land broker whose business dried up when the housing market crashed. But with home prices now rising faster than anyone expected, builders are again looking for what, in the land trade, is referred to as dirt.

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home loans, real estate, homes


 
 

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