Take Baltimore and San Antonio, for example. Both are notably more affordable housing markets — but their housing supply has plummeted 20% year-over-year amid the pandemic. Meanwhile, the supply in expensive cities like New York and San Francisco has surged, while demand has dwindled.
released a report on Thursday that said lenders are tightening standards due to the coronavirus recession. Mortgage availability, according to the association, plummeted so far in August that it hasn't been this hard to take out a mortgage since 2014.
Best time to buy...
With interest rates being the way that they are don't see how any of it could be a bad deal
Not to mention real estate prices are wildly inflated.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
We went inside a West Bank factory to see how people make soap out of olive oil - 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 »
Peloton founder is latest billionaire minted amid 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Salaries revealed: How much money you can make as a real estate broker - 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 »
Oracle revenue beats as cloud business benefits from remote workBusiness software maker Oracle Corp beat quarterly revenue expectations on Thursday as more companies signed up for its cloud services and software to support their remote workforce amid the COVID-19 pandemic. And they terminated 250 employees
Source: Reuters - 🏆 2. / 97 Read more »