National News

Unemployment drops again, but long road to recovery remains
Unemployment drops again, but long road to recovery remains

Nearly two million jobs were restored in July, as the economy struggles to return to pre-pandemic levels.

Florida No. 1 for foreign homebuying for 12th straight year
Florida No. 1 for foreign homebuying for 12th straight year

Foreign investors have taken pause when it comes to buying U.S. residential real estate, but better opportunities may be around the corner, according to the National Association of Realtors.

Economists predict rally after deep Q2 dive
Economists predict rally after deep Q2 dive

The U.S. economy suffered a titanic plunge in the second quarter, although economic activity is expected to increase in the third quarter.

Report finds rise in consumer finance complaints during pandemic
Report finds rise in consumer finance complaints during pandemic

LendEDU finds 44% increase in complaints compared to previous year

Two months in a row for improved pending home sales
Two months in a row for improved pending home sales

Contract activity up over last year “remarkable,” according to NAR chief economist.

1031 exchanges back on the chopping block in 2020 election
1031 exchanges back on the chopping block in 2020 election

As the presidential election season moves into full swing, a popular tax mechanism for real estate investors has found its way into the crosshairs.

Consumer confidence takes hit from COVID-19 resurgence
Consumer confidence takes hit from COVID-19 resurgence

Optimism is waning across the country, especially in states where the coronavirus is spiking, according to a new report.

The new pandemic escapism is online home shopping
The new pandemic escapism is online home shopping

Now might be a good time for brokers to make sure their online assets are in order, according to a new report from Today.

NAHB pushes expanded relief to address housing priorities
NAHB pushes expanded relief to address housing priorities

In a letter sent to Congress, the National Association of Home Builders recently called for an expansion of the Paycheck Protection Program, rental assistance and other measures to rebuild the economy through support for the housing industry.

New guide helps community associations navigate reopening during COVID-19
New guide helps community associations navigate reopening during COVID-19

The Community Associations Institute has released detailed safety guidelines for homeowner associations grappling with how to reopen amidst pandemic concerns.

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