It has been roughly a year since the COVID-19 pandemic began in the United States, and more people than ever are buying residential real estate in vacation housing markets, according to HousingWire. In a study of counties that have seen the largest uptick of homebuyers – and, subsequently, home value …
Read More »Rates hit another historic low as housing industry continues to boom
Millions more Americans could save money through a refinance as mortgage rates hit another historic low. The 30-year fixed-rate mortgage average hit 2.86% this week, according to Freddie Mac. Just one year ago, rates were considered low at 3.56%. Data analytics company Black Knight says that drop means more than …
Read More »Stockpiling triggers boom in grocery sales as self-isolating Brits buy 22% more alcohol
Christmas came early for U.K. grocers as supermarket sales in March trumped those usually posted over the festive period and broke all records, new data show. Households facing lengthy lockdowns appear to have panic bought long-life items such as pasta, rice and tins of vegetable, as they splashed out a …
Read More »Housing starts 2020 with a boom as rates stay low
Reading Time: 2 minutes The spread of the coronavirus across mainland China, and internationally, continues to take up space in markets. More than 60,000 cases of the coronavirus have been confirmed in China with more than 1,300 deaths associated with the virus in the country. There have been 15 confirmed …
Read More »