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.

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 +0000

The 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 +0000

A new NAR report examines the legality of marijuana in terms of medical only, legalized medical and recreational prior to or after 2016.

https://www.nar.realtor/newsroom/as-lease-addendums-rise-marijuana-businesses-adapt-by-purchasing-commercial-property

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.

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 +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.

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 +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%.

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 +0000

Over 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 +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.

https://www.nar.realtor/blogs/economists-outlook/tracking-jobless-claims-by-state-week-ending-april-3-2021

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%.

https://www.nar.realtor/blogs/economists-outlook/housing-affordability-falls-in-february-as-home-price-growth-surges

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.

https://www.nar.realtor/blogs/economists-outlook/2021-spring-market-starting-off-hot-and-highly-competitive

Lisa Cromwell, REALTOR®
RE/MAX Premier
602 S King St Ste 202
Leesburg, VA 20175
Direct:
© 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!
Powered by ListingsToGo™
Like
Favorites
Log Out
Log In