5 reasons why the US housing market will stay strong through the pandemic - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

5 reasons why the US housing market will stay strong through the pandemic

In fact, in mid-July, the average 30-year fixed mortgage rate fell to 2.98%, the lowest-ever recorded percentage by Freddie Mac, dating back to 1971.

BofA points to the urban exodus trend as one of the reasons housing was able to bounce back as quickly it did. four real estate agents — in Westchester County, the Hamptons, Northern New Jersey, and Southern Connecticut — who all said they've seen a massive influx of buyers from the city.An early June survey of 1,000 homeowners found 42% of those who bought during the pandemic reported entering into a bidding war.

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:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If US housing stays strong even in the post pandemic period, this would be really interesting.

Is this good news or a lame prediction?

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon's online grocery sales tripled as people stayed home amid the coronavirus 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. I would do this, but their grocery app is the worst $amzn wholefoods
Source: BusinessInsider - 🏆 729. / 51 Read more »

US map of states with most employment, pandemic insurance recipients - 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why Facebook's ad business is doing better than Google's during the pandemic so farAnalysts said factors like the amount of revenue coming from direct-response versus brand advertising, exposure to areas like travel and sheer size gave Facebook's ad business a leg up over Google's in the second quarter. no one gives a shit if one 1 percenter making 3 billion while the other is making 2.5 billion Google's CEO is non-white. It's racism, of course! 🖕Facebook 🖕
Source: CNBC - 🏆 12. / 72 Read more »

The 20 best countries for Americans to move to 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. If you can afford to move you probably are not suffering too much during the pandemic. chanders74 - Uruguay is 2!! I’m going to assume this list is for white cishet males alone.
Source: BusinessInsider - 🏆 729. / 51 Read more »