The prediction follows a persistently elevated unemployment rate and a recent spike in coronavirus cases after a plateau.
After a deadly three months, the outbreak has eased in most coastal states. But states in the south and southwest, including, the "elevated unemployment rate" and "recent spike in COVID-19 cases across the country" will be the catalyst for a drop in home prices over the next year. CoreLogic also highlighted the markets most at risk of a downturn over the next year: Prescott and Lake Havasu, Arizona; Daphne-Fairhope-Foley, Alabama; and Naples and Crestview-Fort Walton Beach, Florida.
An increase in cases, dismissal of the tourism market, and the recession are all circumstantial factors that are likely to contribute to a downward trend in these markets. However, as CoreLogic explained, some may be in better shape than others to weather the storm.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Earth, earth, earth and earth?
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Insider webinar with one-click checkout startup Fast - Business InsiderJoin us on Tuesday, July 14 at 1:30 p.m! BI reporter Shannen_Balogh will speak with Domm Holland, Fast's co-founder and CEO, and Jan Hammer, general partner at Index Ventures, about how to build a pitch deck and what it takes to win over investors.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Next stock-market crash: Expert warns options greed will end badly - Business InsiderA Wall Street expert sees a retail-investing trend that preceded the dot-com bubble and financial crisis bubbling up again — and warns it will end 'abruptly and painfully' for the stock market
Source: BusinessInsider - 🏆 729. / 51 Read more »
Moderna stock price could surge another 45% on COVID-19 vaccine - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. English press release of Dr. Zelenko new study. Please share. Treat early and live. Combo works.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla cuts Model Y price, cancels forthcoming cheaper version of SUV - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This headline makes it sound like they don't have enough demand which is why they reducing pricing. But this is not the case
Source: BusinessInsider - 🏆 729. / 51 Read more »
Devos says it should be 'the rule' for schools to open in the fall - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Because she’s aware that people with money will opt out and many of them will choose charter schools instead. That’s her whole point. That’s the only reason her worthless ass exists on this planet taking up perfectly good oxygen that actual humans could be using. Shell game ...there are the main issues for voters jobs wages healthcare border wall troop recall and the sideshow Russians Mueller Trumps taxes for the media Will she be there to oversee things? The only reason for this idiocy is to make it so parents can go back to work and the economy can come 'roaring' back. It always comes back to money.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The 20 best cities in the Midwest to live in after the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Karen must feel infuriated and betrayed by the masked Orange cretin, as do anti-mask Magats around the country... All that shouting and arguing, finger pointing, all those defying video clips. 'It´s not a phucking hoax, Ken! Wtf guys, it´s not a hoax!!' So basically the whitest cities.
Source: BusinessInsider - 🏆 729. / 51 Read more »