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 […]
Industry News
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, […]
Home Prices Soared Over Last Year Alongside Fantastic Consumer Spending
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 […]
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 […]
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 […]
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 […]
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 […]
Owner’s Title Insurance: Why You Should Get a Policy Now
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 […]
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 […]
Public Record Errors Have a Tremendous Impact on Property Titles
Public record errors have a tremendous impact on property titles. Imagine this. You spend months searching for that perfect dream home. You gain preapproval and sign the contract. The closing process is going smoothly. All of the hard work was worth it, and it’s time to reap the fruits of your labor. Then, all of […]