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Homeownership Rate in US Rockets to Almost 12-Year High

Key Highlights Q2 2020 homeownership rate jumped to 67.9%, highest rate since Q3 2008, according to US Census Bureau Low interest rates enabled more...

Two Straight Months of Surging Pending Home Sales

Key Highlights Pending home sales in US increased +17% in June Seasonally adjusted index measuring signed contracts +6.3% compared to one year ago, according...

State Unemployment Agencies Could Take Months to Adapt to New Benefits...

Key Highlights White House proposal to cut federal unemployment benefits to some 70% of person’s lost wages could take months to implement Lag would...

Home Sales Seen as Only Bright Spot in Economy

Key Highlights Home sales in Q2 seen as only “good” data point in economy in Q2 2020 GDP -32.9% in Q2 2020 Unemployment claims...

Podcast: Are You Ahead, On Track or Behind For Your 2020...

Are you ahead, on track or behind your stated goals for 2020? You may be surprised to learn that many agents are ON TRACK...

What CARES 2 or HEALS Act Could Look Like

Key Highlights HEALS Act or Health, Economic Liability Protection & Schools Act expected to offer approximately $1T in relief aid HEALS Act presented by...

Why Home Prices May Drop Soon

Key Highlights Market forecasters say home price drops likely if federal response to pandemic waivers Since March, home sales have lagged but home prices have...

Q2 US Economy Plummets -32.9%, Steepest Decline Ever Reported

Key Highlights Commerce Department reported that Q2 GDP fell -32.9%, the steepest decline in US history Consumer spending dropped -10.1% Economy lost -$1.8T in...

Podcast: For Real Estate Agents Only, #1 Often Overlooked Wealth Building...

Tim and Julie Harris Sunday Special Show. Why are the Sunday shows so...'special'? Well, on Sunday Tim and Julie discuss whatever is on their...

How Pandemic Changing Suburban Real Estate

Key Highlights Competition in suburban commuter markets has grown fierce Market dynamics for close-in suburb homes with declining values as in demand as turnkey...

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