Tag Archives: Markets & Economy

US property taxes increased to $306.4B in 2019

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The total property taxes levied on single-family homes in 2019 increased by 1 percent from 2018, the smallest increase in the past three years. Continue reading →

As coronavirus restrictions lift, China’s real estate sales bounce back

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A new report found that the number of sales across China’s 30 largest cities reached 5,976 on March 31 — an enormous increase from a low of 22 on Feb. 8, when the country was at the height of the pandemic, and slightly higher than December’s pre-pandem… Continue reading →

Even amid coronavirus, most New York tenants paid April rent

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The Community Housing Investment Program (CHIP) said that only 10 percent of its landlords did not receive rent for the coming month. Continue reading →

About half of US small businesses have not paid full April rent

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About 30 percent of survey respondents said they did not make a rent or mortgage payment in April and 20 percent said they made a partial payment, according to a poll by Alignable. Continue reading →

New listing volumes plunge 50-75% across the globe

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As the pandemic and associated effect on the real estate market spreads, one of the best leading indicators of a decline in transaction volumes — new listings — has dropped an average of 63 percent in the earliest hit markets. Continue reading →

Post-virus home price growth forecasts show spike in the West

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In the wake of the COVID-19 pandemic and its effects on the market, home prices are expected to increase at half the rate prior to the outbreak according to forecasting by Veros Real Estate Solutions. Continue reading →

February home prices reflect pre-coronavirus market strength

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Since sales typically represent contracts that were signed in the previous two months, CoreLogic expects the pandemic’s effects will start to show in the April data. Continue reading →

Northeast markets most susceptible to impacts of coronavirus

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Counties in the Northeast and Florida are at the greatest risk of taking the biggest hit to the housing market in the wake of the pandemic. Continue reading →

Making sense of the headlines: Is the jumbo mortgage market collapsing?

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Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner talks through the volatility of the jumbo mortgage market and what it means. Continue reading →