Home sales are down compared to the same time in 2020, according to a report from the U.S. Census Bureau, but prices are on the rise everywhere. This is due to a lack of available inventory compared to existing demand. However, at least one analyst believes that the current situation will not last, and as more newly built homes flood the market, it is likely to reach an affordability tipping point that will cause prices to drop.
The Federal Home Loan Mortgage Corporation, more commonly referred to as Freddie Mac, has recently issued Bulletin 2021-36, which details how the company will deal with cryptocurrency. The new bulletin is meant to address the growing influence of these digital assets, and the extent to which they are now publicly traded. However, cryptocurrency advocates are unlikely to be pleased with Freddie Mac’s assessment, which puts little faith in their stability as an asset.
According to a recent Crain’s article, the suburbs of New York City have seen a drop in the number of people purchasing real estate for several months in a row. However, this drop in property sales has nothing to do with a lack of demand. Rather, demand has substantially outpaced the number of properties currently available for sale, leaving real estate sellers with relatively little inventory to sell.
Finding the Right Service Providers for Your Practice. When you think about business partners what do you think about? Do you limit your definition of business partners to your co-owners or do you think about your business partners more broadly?…