$990.87
-28.09 (-2.76%)
At Close: Jun 03, 2026
In Lightning-Fast Real Estate Market, Buyers Forced To Risk Fallout From Snap Decisions
10:30pm, Sunday, 14'th Nov 2021 Zero Hedge
In Lightning-Fast Real Estate Market, Buyers Forced To Risk Fallout From Snap Decisions With the average home sold between July 2020 and June 2021 sitting on the market for a median period of just one week before going under contract, American home buyers are being forced to make snap decisions in order to compete with the likes of Blackrock and (at least during this time period), robo-Zillow , if they hoped to land the home of their dreams - or simply profit from the red-hot real estate market. According to new data released Thursday by the National Association of Realtors, the one-week figure is the shortest ever going back to 1989 , down from three weeks a year earlier, the Wall Street Journal reports. The combination of rapid turnover during a surge in pandemic-related home buying as people sought more space to hunker down, low mortgage-interest rates, and a constrained supply thanks to caution over showing homes during Covid-19, helps to explain how home prices also rose to multiyear highs .
2 Disruptive Stocks This Billionaire Is Buying
01:20pm, Sunday, 14'th Nov 2021 The Motley Fool
BlackRock CEO Larry Fink recently bought shares of tech stocks CrowdStrike and Lemonade.
What China Invading Taiwan Would Mean to the US & World; Is BlackRock Selling Out America?
02:29am, Sunday, 14'th Nov 2021 The Epoch Times
What weve seen is a forced modernization commitment and effort over the past 25 years on the part of the Chinese, and as their country has gotten wealthier, theyve had more resources to invest in a military, says U.S.Taiwan Business Council President Rupert Hammond-Chambers. He believes that the Chinese Communist Party (CCP) is one hundred []
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