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Outlying Counties of Metro Areas Show Stronger Housing Conditions Than in Central Counties

Home listings data from Realtor.com as of June 2021 indicates that housing demand in outlying counties of metropolitan areas is growing at a more robust pace than in the central counties, although both outlying and central counties are performing remarkably well compared to pre-pandemic conditions. www.nar.realtor – Research

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Cleveland Fed: Key Measures Show Inflation Increased in May

The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% May. The 16% trimmed-mean Consumer Price Index rose 0.4% in May. “The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal […]

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Instant Reaction: Second 2020 Q4 GDP Growth Estimates Show Residential Investment Leading the Economic Recovery

Today’s second GDP estimate for the 2020 Q4 shows the economy grew slightly higher at 4.1% than previously estimated (4% advance estimate). www.nar.realtor – Research

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80% Annual Decline in Foreclosures Show Prevention Measures are Working

The various types of foreclosure filings – default notices, scheduled auctions, and actual lender repossessions – declined in November. RealtyTrac, a subsidiary of ATTOM Data Solutions said the aggregate of these legal actions totaled 10,042 during the month. This is a decline of 14 percent from October and 80 percent from a year earlier. Much […]

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DIY Projects You’ll Want to Show Off

Having a ‘swoon-worthy’ room in your home that can be shown off on Instagram is almost as important as actually enjoying the space. www.nar.realtor – Real Estate Story Ideas

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