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Labor market report is good news for mortgage rates

Housing Wire

The labor market isn’t tight anymore and that will eventually be good news for mortgage rates. The current state of the labor market results from a series of events, with COVID-19 being a significant catalyst. Today the labor market is less tight, but the Fed would love to see this number even lower, down to 7 million.

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Can we still avoid a recession?

Housing Wire

housing market went into recession in June of this year, which I talked about a few months ago on CNBC. New and existing home sales are falling, along with housing permits and starts, as we have too many new homes for the builders to issue new permits. With all the data we now have in front of us, we can say that the U.S.

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Solid job growth defies recession talk — for now

Housing Wire

Notable job gains occurred in leisure and hospitality, in professional and business services, and in transportation and warehousing. A tighter labor market is a good thing, I always say; this means people with less educational backgrounds can get employed as we do have many jobs that don’t require a college education.

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Tips for Making a Successful Transition to a New City After a Personal Low Point

Cleveland Appraisal Blog

Always visit the property before signing any agreement, and create a comprehensive list of priorities such as safety, proximity to work or public transport, access to amenities, and budget to aid decision-making. Check out local markets and shops to know the community and support local businesses. Click here to visit their website.

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Property Appraisal Insights: 4 Community Features that Matter

D Fritz Appraisals

Analyzing Community Features That Impact Property Value When deciding what adds value to a home, today’s savvy property owner thinks beyond an impressive house amenities list. It may surprise you to discover exactly what things add value to a home in today’s competitive housing market.

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The Intersection of Eco-friendly Practices and Efficient Plumbing Systems

Cleveland Appraisal Blog

Regular inspections are important to catch plumbing issues and maintain an efficient plumbing and water transport system. Either incident will leave you gasping, if not hyperventilating, at the horror of the event. Look for Leaks Under the Sink Take a look under your sinks once a month for any small leaks.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry. That article came out in 2014 right as the housing market was peaking.