Jobless Claims Dropped Sharply Last Week
Fri, 16 Apr 2021 20:17:05 +0000While employment is gaining momentum, layoffs are still happening and are significantly elevated compared to pre-pandemic.
https://www.nar.realtor/blogs/economists-outlook/jobless-claims-dropped-sharply-last-week
Instant Reaction: Housing Starts, April 16, 2021
Fri, 16 Apr 2021 13:50:30 +0000The housing inventory shortage has been pushing up prices, but also holding back home sales.
https://www.nar.realtor/blogs/economists-outlook/instant-reaction-housing-starts-april-16-2021
As Lease Addendums Rise, Marijuana Businesses Adapt by Purchasing Commercial Property
Thu, 15 Apr 2021 19:47:25 +0000A new NAR report examines the legality of marijuana in terms of medical only, legalized medical and recreational prior to or after 2016.
Instant Reaction: Retail Trade Sales, April 15, 2021
Thu, 15 Apr 2021 18:23:14 +0000U.S. advanced estimates of retail and food service sales for March 2021 recovered from the pull-back in February 2021 as consumer purchases exceeded expectations.
https://www.nar.realtor/blogs/economists-outlook/instant-reaction-retail-trade-sales-april-15-2021
Instant Reaction: Mortgage Rates, April 15, 2021
Thu, 15 Apr 2021 14:30:20 +0000The average rate on the 30-year fixed rate home loan fell for the second straight week to 3.04% from 3.13% the previous week.
https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-april-15-2021
13 Months Later, Where Do Mortgages Stand?
Tue, 13 Apr 2021 14:09:42 +0000According to the Snapshot on Race and Home Buying in America, which uses Census ACS data, the homeownership rate for Black Americans is 42%, Hispanic Americans 48.1%, Asian Americans 60.7%, and White Americans 69.8%.
https://www.nar.realtor/blogs/economists-outlook/13-months-later-where-do-mortgages-stand
Instant Reaction: Consumer Price Index, April 13, 2021
Tue, 13 Apr 2021 13:43:26 +0000Over the last 12 months, the inflation rate rose 2.6%, compared to 1.7% in February and 1.4% in January, respectively.
https://www.nar.realtor/blogs/economists-outlook/instant-reaction-consumer-price-index-april-13-2021
Tracking Jobless Claims by State: Week Ending April 3, 2021
Mon, 12 Apr 2021 13:42:46 +0000The economy added nearly one million jobs in March, 2021, the fastest acceleration since August, 2020. Although the economy is creating jobs, layoffs are still happening.
Housing Affordability Falls in February as Home Price Growth Surges
Fri, 09 Apr 2021 15:58:05 +0000Affordability declined in February compared to January as the median family income rose by 3.5% while the monthly mortgage payment increased 5%.
2021 Spring Market Starting Off Hot and Highly Competitive
Thu, 08 Apr 2021 19:34:48 +0000Here are the latest indicators on inventory, pending sales, home prices, job growth, and mortgage rates that are pointing to a hot spring market in a broad swath of metro areas.
