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. […]
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 […]
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, […]
Recent reports revealed that home prices soared over last year. In addition, consumer spending put up stronger than anticipated results. Meanwhile, the U.S. economy faced highs and lows in other sectors. Job creation stifled amongst the onset of The Great Resignation. Inflation continues to rise as it has been throughout the economic recovery. And the […]
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 […]
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 […]
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 […]
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 […]
An owner’s title insurance policy is critical for protecting you from all types of issues you might have with the title of your home. It is essential and should never be overlooked by homeowners who want to make sure they are fully protected from title issues that could arise. Here, we will go over some […]
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 […]