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Housing economists point to five main reasons that the market will not crash anytime soon: low inventory, lack of new-construction housing, large amounts of new buyers, strict lending standards ...
Much of the data surrounding this year's housing market points toward a delicate recovery period -- perhaps softening the pain of continued Fed rate increases. While signs are pointing upward ...
If you have been waiting for prices to drop to buy a house, 2023 could be your year. However, the fall in housing prices doesn't bode as well for current homeowners -- or the overall U.S. economy....
The COVID-19 pandemic is an ongoing viral pandemic of coronavirus disease 2019 (COVID-19), a novel infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The pandemic affected the city of Columbus, Ohio , as Ohio's stay-at-home order shuttered all nonessential businesses, and caused event cancellations into 2021.
In December 2020, the New York State Legislature passed a state moratorium on evictions. [11] In May 2021, the legislature extended the moratorium until August 31. [12]The Supreme Court struck down a provision of the state moratorium that protected people who filed a form declaring economic hardship, rather than providing evidence in court.
Ohio's housing shortage is a long-term threat to the growth that Columbus area has been fortunate to experience.
Due to the COVID-19 pandemic, Congress and President Trump enacted the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 18, 2020. The Congressional Budget Office estimated that the budget deficit for fiscal year 2020 would increase to $3.3 trillion or 16% GDP, more than triple that of 2019 and the largest ...
Home prices rose by nearly 20% over the last year, an astonishing rate of growth that was faster and more intense than even the run-up to the housing crash of 2008, according to Fortune -- and that...