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Guidance is Most Important When You Are A First-Time Homebuyer

Guidance is Most Important When You Are A First-Time Homebuyer

First time homebuyers made up 35% of the homebuyers in the month of June. This trend is building and steadily increasing through the year. The National Association of Realtors says: “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is now trending […]

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Has the Economic Recovery Begun?

Wall Street Journal performed their monthly Survey of Economists and reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects of the coronavirus pandemic.” The US Bureau of Labor Statistics […]

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Shocking Unemployment Report

The U.S. Bureau of Labor Statistics released the May Employment Situation Summary on Friday. Most predicted that the unemployment rate would increase to 20% from the 14.7% announced last month. The results were shocking. The Wall Street Journal said: “The May U.S. jobless rate fell to 13.3% and employers added 2.5 million jobs, blowing Wall Street expectations […]

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Unemployment Report

Last week the Bureau of Labor Statistics released that the unemployment rate has jumped to 14.7%. This number is predicted to be higher next month. This rate indicates how many families are undergoing financial hardships as a result of COVID-19. Although the unemployment rate is terrifyingly high, it is important not to exaggerate. Many are […]

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Unemployment: There’s Light At The End Of The Tunnel

Tomorrow the U.S. Bureau of Labor Statistics will be releasing the unemployment rate for April 2020. It is expected to hit a peak and will be a true representation of the number of families affected by the pandemic. The number of unemployed is expected to be shocking. Media will be splattered with doomsday predictions and […]

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Why We Won’t See As Many Foreclosures Today As In 2008

Unemployment claims have spiked over the past month and consumer fear has spread. Many of the unemployed have found jobs in industries such as delivery, retail, healthcare, grocery stores, etc, however millions are still unemployed. There is high uncertainty in today’s market and for this reason it is important to understand what unemployment means to […]

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