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Demand for Second Homes: What’s Really Causing the Rise?

With 2021’s low interest rates, real estate analysts noticed a surprising trend: demand for second homes. In today’s competitive real estate market, buying one home can be challenging enough. This is especially true in the era of COVID-19. However, analysts did not originally predict current homeowners to lead the charge on purchasing that second property. […]

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New Home Sales Jump Alongside Rising Valuations This Year

As the holiday season approaches, investors saw new home sales jump. Additionally, home values rose this year. Many factors play a role in the increase, particularly limited inventory and inflation. Currently, investors worry about future economic growth. This past month, the United States witnessed record-high inflation, supply chain struggles, and job growth struggles. New Home […]

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Properties with Liens: Steps You Need to Take

Properties with liens present unique challenges for all of those involved. Liens are legal notices that are attached to a property’s title. This occurs when a creditor is unable to collect unpaid debts from a homeowner. Unfortunately, when a home has a lien on it, it can be difficult to sell, and, in some cases, […]

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Lifted Eviction Moratorium Had Stunning Impact on Mortgage Markets

Last month, the US Supreme Court pass a vote, which lifted the eviction moratorium. Previously, the Biden administration expanded the eviction moratorium. The moratorium blocked many landlords across the country from evicting tenants for COVID-related financial hardships. With that moratorium expiring, it left a large impact on the renters and landlords of the country. This […]

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Powerful Job Gains Drive Economic Growth

With COVID numbers growing but unemployment aid ending, it’s a possibly very unstable time for the economy as experts continue to monitor the ever-changing situations across the country concerning inflation, job growth, and the housing markets. Powerful Job Gains is Good News for Economy The economy gained 943,000 jobs in July, above the forecast of […]

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Delta Variant Spurred Startling Mortgage Rate Plummet

The Delta variant spurred a startling mortgage rate plummet as of late. Mortgage rates declined as a result of the increasing economic uncertainties. Analysts attribute the uncertainty to the COVID-19 Delta variant and its mutations. As a results, the average 30-year loan rate fell to a five-month record. Freddie Mac Shows How Delta Variant Spurred […]

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Housing & Employment Pulled Off a Remarkable Rebound

Housing and employment pulled pulled off a remarkable rebound after a tumultuous 2020. Last year, both sectors saw numerous setbacks as homes sat idle on the market while businesses laid off hundreds of thousands of workers. Taking a look at July’s data, we see that 2021 is singing a different tune. Housing & Employment Pulled […]

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July 2021 Market Updates

The latest data shows that inflation continues its epic climb while home sales rapidly recover across the country. As a result, the outlook on economic growth and future Fed policy remains stagnant. The Fed stated that their core PCE target is 2.0%. In May 2021, core PCE rose 3.4% higher than a year ago. While […]