Beyonce & Jay-Z snap up $26M Hamptons home

Hip hop stars Beyonce and Jay-Z are probably going to be spending lots more quality time at the beach, after snapping up a new luxury mansion in East Hampton, New York for an eye-watering $26 million.

Housing affordability improved in the second quarter

Housing affordability is being propped up by rising incomes and low mortgage rates, according to the latest edition of the National Association of Home Builders/Wells Fargo Housing Opportunity Index.

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