The counts: Previously owned home sales increased 20.7% in June when states reopened their economies following coronavirus-related blockades. Existing home sales occurred at a seasonally adjusted annual rate of 4.72 million, the National Association of Real Estate Agents reported Wednesday. It was a big rebound from May, when sales fell …
Read More »DIY renovation projects offer the best return to homeowners, but there is a catch
Thanks to the coronavirus pandemic, Americans have much more free time, and they spend that time at home. Earlier in the health crisis, economists predicted that spending on renovation projects would actually sink in much of the country. But recent data shows that there has been a definite increase in …
Read More »Who still needs the office? American companies begin to cut space
NEW YORK (Reuters) – Corporate America is reducing its real estate footprint as companies allow more employees to work from home, a growing threat to traditional office building owners and a sign that companies are looking for ways to reduce costs as a result of the coronavirus pandemic. FILE PHOTO: …
Read More »Google mortgage search tools: calculator, rates, definition
On Wednesday, Google updated its search engine with new tools for people buying mortgages, including a calculator, recent average mortgage rates, and key terms that homebuyers may need to know during the mortgage purchase process. Google partnered with the Office of Consumer Financial Protection to launch the new tools because …
Read More »Existing home sales increased nearly 21% in June, a record monthly gain
A real estate agent, right, shows potential buyers a property in Newport Beach, California. Jamie Rector | Bloomberg | fake pictures Existing home sales increased nearly 21% in June compared to May, according to the National Association of Realtors. It was the biggest monthly gain since Real Estate Agents began …
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