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Credit/Debit Card Spending Picking Up The U.S. Census Bureau reported that personal consumption spending in Q2 2020 fell by nearly 35% on a seasonally adjusted annual rate. By: Scholastica (Gay) Cororaton Powered by WPeMatico
June 2020 Pending Home Sales June’s pending home sales pace increased 16.6% last month and rose 6.3% from a year ago. By: Michael Hyman Powered by WPeMatico
New Unemployment Claims Increased to 1.4 M Last Week Layoffs are still happening with 1.4 million new filers for unemployment insurance, a slight increase of 12,000 from the prior week. By: Nadia Evangelou Powered by WPeMatico
Homeownership Rate Is Up During the Pandemic According to the Census Bureau, the homeownership rate increased by nearly 4 percentage points in Q2 2020, to 67.9%. By: Nadia Evangelou Powered by WPeMatico
Comparing Mortgage Payment Status by State NAR has analyzed the ability of mortgage holders to meet their mortgage payments by state, age group, and income. By: Nadia Evangelou Coronavirus Powered by WPeMatico
5 Budget-Friendly Ideas to Transform a Home's... An architect offers up tips to create a more inviting space. Design & Architecture, Design Trends Powered by WPeMatico
By Lee Davenport “I just didn’t feel like she was putting in the effort needed to sell my home.” Whoa. Mic and jaw drop. This is not a hypothetical statement. I recently spoke to a homeowner who is beyond the point of frustration with his previous agent—whom he fired—due to the terrible service he received.… Continue Reading 9 Tech Tools to Improve Your Customer Service, Recession-Proof Your Business
Contract Terminations Fall to 7%; Jobs Recover As jobs recover, the fraction of purchase contract terminations has started to decline again. By: Scholastica (Gay) Cororaton Powered by WPeMatico
New Unemployment Claims Increased to 1.4 million Last... Layoffs are still happening, with 1.4 million new filers for unemployment insurance, an increase of 110,000 from the prior week. By: Nadia Evangelou Powered by WPeMatico
Latest Mortgage Rates and Unemployment Filings Interest rates inched up slightly, to 3.02% on a 30-year fixed-rate mortgage, but they are essentially at near-record-low levels. By: Nadia Evangelou Powered by WPeMatico