According to a recent Redfin report, the wildfires that ravaged through Northern California in 2018 wreaked havoc on home values across the region. Plummeting home values are not only limited to this neck of the woods. However, just as a ...
Read More »Remote Work Boosts Black Renters’ Ability to Buy Homes
According to a recent report published by Zillow, the recent rise in remote work, which has resulted from COVID-19, has affected the housing industry in interesting ways. Zillow data shows that among American renters, Black renters are 29% more likely ...
Read More »COVID-19 Vaccine Could Help Boost Urban Real Estate
CNN Business recently posted a report covering the possibilities of how a COVID-19 vaccine could directly affect the real estate market. According to real estate and economy experts, the arrival of a vaccine could really begin to turn the market ...
Read More »Will Suburban Migration Continue?
The arrival of the pandemic to America has caused numerous trends to appear in the housing industry, among which include increased demand for housing away from the big cities. A recent report posted by the National Association of Home Builders ...
Read More »Americans Unhappy with Local Government’s Pandemic Response Consider Moving
A recent Redfin report reveals findings from the real estate experts’ survey covering Americans’ feelings regarding how their local governments handled the pandemic. The survey was given to more than 3,000 U.S. residents during the month of October. According to ...
Read More »Homeownership’s Essential Ties to Wealth-Building
A recent report from the experts at First American reveals the link between homeownership and wealth. The report specifically states that homeownership is a great way to build one’s wealth. Economists have long studied homeownership’s links to wealth, and have ...
Read More »Zeta Intensifies ‘Record-Breaking’ Hurricane Season
Analysts at CoreLogic, a property data collection company, revealed the ramifications of Hurricane Zeta. Specifically, the report highlighted the residential and commercial wind and storm surge loss estimates that resulted from the storm’s aftermath. According to CoreLogic’s data, for Louisiana, Mississippi and Alabama, the insured wind losses ...
Read More »Housing Activity Heats Up as Weather Cools
According to research by BuildFax, the housing market is heating up, just as temperatures are starting to cool. With Autumn’s approach, BuildFax points to America’s overall housing activity humming along, growing at a steady pace as we say goodbye to ...
Read More »Why Credit Scores Are Rising Amid National Crisis
The average FICO credit score hit a record high of 711 this past July. This uptick to the score may come as a shock, especially since it has taken place several months “knee deep” amid a global pandemic, FICO representatives ...
Read More »Is COVID-19 Really Causing Migration to Suburbs?
Reports that COVID-19 is causing a migration from urban centers to suburbs abound, but are those stories entirely accurate? First American Chief Economist Mark Fleming recently revealed his insights regarding those rumors about pandemic-driven migration in America. Specifically, Fleming weighed ...
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