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Construction Bids
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September 10, 2021
LOS ANGELES — Soaring home prices and rents are fueling real estate companies' appetite for houses, adding unwelcome competition for many would-be homebuyers.
Residential real estate bought by companies or institutions hit an all-time high of 67,943 properties in the second quarter, according to Redfin, a Seattle-based online brokerage.
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