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Author Archives: Demetria Lester

Demetria C. Lester is a reporter for DS News and MReport magazines with more than eight years of writing experience. She has served as content coordinator and copy editor for the Los Angeles Daily News and the Orange County Register, in addition to 11 other Southern California publications. A former editor-in-chief at Northlake College and staff writer at her alma mater, the University of Texas at Arlington, she has covered events such as the Byron Nelson and Pac-12 Conferences, progressing into her freelance work with the Dallas Wings and D Magazine. Currently located in Dallas, Texas, Lester is an avid jazz lover and likes to read. She can be reached at [email protected].

Existing Home Sales Outperform Market Potential

First American Financial Corporation released its First American’s Potential Home Sales Model for the month of February 2022. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic, and housing ...

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Lenders Ease First-Time Buyer Jitters

According to a new survey from TD Bank, America's Most Convenient Bank, first-time homebuyers are feeling anxious and unprepared in this highly competitive housing market. TD's First-Time Homebuyer Pulse found that despite a desire to purchase, nearly 29% of consumers ...

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Navigating the Housing Market Frenzy

According to a new report from Redfin, some 60% of homes that went under contract during the four-week period ending March 6 found a buyer within two weeks—an all-time high—which appeared around the same time as supply declined to a ...

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Inventory Down, Prices Up in Vacation Hotspots

According to a new report from Redfin, demand for vacation homes fell drastically in February, with mortgage-rate locks for second homes reaching their lowest level since May 2020. Demand was still up 35% from pre-pandemic levels, but significantly lower than ...

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Share of Homes Selling Above List Price Doubles

This month marks the two-year anniversary of the coronavirus pandemic, which the World Health Organization officially declared on March 11, 2020. According to a new report from Redfin, the housing market has changed drastically as there are now half as ...

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Wolters Kluwer, Reynolds and Reynolds Partner to Acquire IDS

Wolters Kluwer Governance, Risk & Compliance (GRC), has signed an agreement with the Reynolds and Reynolds Company to acquire International Document Services, Inc. (IDS), for an estimated $70 million in cash⁠—where IDS will become an essential component of GRC’s Compliance Solutions ...

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The Racial Lending Gap Examined

The Community Reinvestment Act (CRA) was passed in 1977 to fight explicitly racist redlining policies, and requires federal bank regulators—the Office of the Comptroller of the Currency, the Federal Reserve, and the Federal Deposit Insurance Corporation—to evaluate the performance of ...

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D.C. Experiences Largest Population Decline in U.S.

According to National Van Line's Domestic Migration Report released Feb. 15, the Northeast showed the slowest population growth between 2010 and 2021—up only 1.8 million from 2010. The report also shows that two of the three biggest declines in population ...

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