Real Estate News

• More people filing for regular and longer-term jobless aid; however, many people coming off of unemployment October 19, 2020
  More people filing for regular and longer-term jobless New claims have hovered near 800,000 for 5 consecutive weeks; the number of people filing for unemployment benefits rose significantly last week. By:  Nadia Evangelou
• Instant Reaction: Mortgage Rates, October 15, 2020 October 15, 2020
  Instant Reaction: Mortgage Rates, October 15, 2020 Mortgage rates sharply fell this week reaching a new record low. By:  Nadia Evangelou Mortgage Financing
• Hispanic Heritage Month: Hispanic Home Owners October 14, 2020
  Hispanic Heritage Month: Hispanic Home Owners NAR compared the socioeconomic status and the effects of COVID on Hispanic Americans to those of other Americans. By:  Nadia Evangelou
• Office Property Market Suffered Large Occupancy Losses, With Likely Full Recovery by Q2 2022 October 12, 2020
  Office Property Market Suffered Large Occupancy Losses Office occupancy suffered its biggest loss yet in the second quarter of 2020. By:  Scholastica (Gay) Cororaton Commercial & Investment Real Estate, Office Property
• Housing Affordability Weakens in August 2020 as Home Prices Rose Faster than Median Family Incomes October 9, 2020
  Housing Affordability Weakens in August 2020 At the national level, housing affordability declined in August 2020 compared to a year ago and fell compared to July. By:  Michael Hyman
• Weekly Jobless Claims Flattening October 9, 2020
  Weekly Jobless Claims Flattening While the housing market has undoubtedly had a V-shaped recovery, the labor market hasn’t rebounded yet to its pre-pandemic levels. By:  Nadia Evangelou
• Instant Reaction: Mortgage Rates, October 8, 2020 October 8, 2020
  Instant Reaction: Mortgage Rates, October 8, 2020 Mortgage rates fell slightly this week as mortgage applications rose. By:  Nadia Evangelou Mortgage Financing