Exceptionally strong demand, historically low supply and record low mortgage rates combined for the fastest home price growth since 2018. Nationally, house prices in July were 5.5% higher than in 2019. This is a significant increase from the 4.3% annual gain seen in June, according to Corlogic. The onset of …
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I hope you have not made any plans to spend the intended second round of incentive payments. As each week passes in this long summer, the chance of receiving these payments becomes increasingly doubtful. getty As a frequent writer on this particular topic, I must admit that I am just …
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Sales of existing homes rose 24.7% in July compared to June, according to the National Association of Realtors. These numbers represent closed sales, which means contracts signed May and June. This is the strongest monthly profit in the history of the survey, back to 1968, and the highest selling point …
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Even if the pandemic continues, many protections for eviction will come to an end. No-Mad | iStock | Getty Images President Donald Trump said earlier this month that he did not want people to be fired during the pandemic and that his executive action “will solve that problem for the …
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Realtors leave home for sale during a realtors open house in San Francisco, California. Justin Sullivan | Getty Images A sudden reversal of record low interest rates last week led to a pullback in the demand for mortgage refinancing. That dropped the total volume of mortgage applications 3.3% from the …
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