National News

Builder confidence reaches record high in August
Builder confidence reaches record high in August

The National Association of Home Builders/Wells Fargo Housing Market Index is looking good, but could lumber prices stall the growth?

NAHB to President Trump: Skyrocketing lumber prices threaten the economy
NAHB to President Trump: Skyrocketing lumber prices threaten the economy

With lumber prices through the roof, the NAHB is asking the federal government to step in and help.

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.

August is the new May for peak home sales
August is the new May for peak home sales

Peak homebuying season has shifted to the end of summer, according to realtor.com.

Foreign homebuying drops 5%
Foreign homebuying drops 5%

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

The number of financial complaints filed by consumers with the Consumer Financial Protection Bureau has risen dramatically during the COVID-19 pandemic, according to an analysis by LendEDU.

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.

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.

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.

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