Jobless Claims Dropped Sharply Last Week

Fri, 16 Apr 2021 20:17:05 +0000

While employment is gaining momentum, layoffs are still happening and are significantly elevated compared to pre-pandemic.

Instant Reaction: Housing Starts, April 16, 2021

Fri, 16 Apr 2021 13:50:30 +0000

The housing inventory shortage has been pushing up prices, but also holding back home sales.

As Lease Addendums Rise, Marijuana Businesses Adapt by Purchasing Commercial Property

Thu, 15 Apr 2021 19:47:25 +0000

A 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 +0000

U.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.

Instant Reaction: Mortgage Rates, April 15, 2021

Thu, 15 Apr 2021 14:30:20 +0000

The 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.

13 Months Later, Where Do Mortgages Stand?

Tue, 13 Apr 2021 14:09:42 +0000

According 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%.

Instant Reaction: Consumer Price Index, April 13, 2021

Tue, 13 Apr 2021 13:43:26 +0000

Over the last 12 months, the inflation rate rose 2.6%, compared to 1.7% in February and 1.4% in January, respectively.

Tracking Jobless Claims by State: Week Ending April 3, 2021

Mon, 12 Apr 2021 13:42:46 +0000

The 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 +0000

Affordability 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 +0000

Here 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.

Lisa Cromwell, REALTOR®
RE/MAX Premier
602 S King St Ste 202
Leesburg, VA 20175
© 2020 Lisa Cromwell, Realtor®
© 2020 Lisa Cromwell, Realtor®
RE/MAX Premier is an independently owned and operated real estate brokerage with five offices throughout Loudoun and Fairfax Counties to better serve you!
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