The unemployment rate dropped and average 30-year mortgage rates have inched up to 3.18%. A recovering economy means rising rates so the sooner you purchase a home, the better your mortgage rate will be! Against the backdrop of protests demanding racial justice, mortgage rates began trending upward as employment-related economic data blew past expectations. Friday’s…
Kara TaylorMay 26th, 2020ForeclosuresMost Recent Articles Due to the economic impact of the Coronavirus, analysts predict a prospective rise in the number of foreclosures over the next several months. As such, as a real estate investor it’s wise to make sure you keep a close watch over changing trends in the distressed market. In this…
RIVERSIDE (CBSLA) – As California and the rest of the U.S. begins to reopen from the coronavirus shutdown, several casinos in the Southland are set to welcome back gamblers to a “new normal”: Morongo Casino in Cabazon will reopen May 22 for slots and table games, but with limited seating Pechanga Resort Casino announced a…
COVID-19 has caused volatility in seemingly everything but housing. By Jeff Andrews May 21, 2020, 12:00pm EDT More than 38 million Americans have lost their jobs since the outbreak of the COVID-19 pandemic. Stay-at-home orders have ground much of the economy to a halt, prompting trillions in stimulus spending by the federal government in hopes…
There are so many ways in which 2020 is not turning out the way most Americans expected. In terms of real estate, we were hurtling toward a busy spring season. All the economic indicators looked strong, boosting buyers to battle it out for a limited supply of homes. But then the coronavirus pandemic swept across…
ATTOM Staff April 30th, 2020 Home Sales & PricesMost Recent Articles Median Home Sales Prices Increase 11 Percent From Last Year; Numbers Show State of Market At Start of Coronavirus Economy Lockdown IRVINE, Calif. – April 30, 2020 — ATTOM Data Solutions, curator of the nation’s premier property database and first property data provider of Data-as-a-Service (DaaS),…
