Though finance is seeing its peak of online interactions, one sector still lags. Due to a complicated history of legislation, mortgage lending has taken place primarily in person since its beginning. Now, with online finance lagging in the pandemic recovery, how far does mortgage lending have to catch up? Consider how far the process of buying a house has come in the last 20 years. Buyers can find homes as easily online as they once …
For the first time in history, the value of oil dropped into the negatives in April. While it has recovered for now, some are predicting an incomplete recovery at best. In the greater context of post-COVID life, the safest investments will be green. Construction has faced numerous challenges since the beginning of the pandemic. Supply-chain interruptions and rising costs of materials posed a unique set of issues to the industry. While new construction has ultimately …
According to Zillow, new work-from-home jobs could result in nearly 2 million potential home-buyers. According to the study, “Three-quarters of Americans working from home because of the coronavirus say they want to continue if given the option, and two-thirds say they would consider moving if given that flexibility.” Before the pandemic, house options were tied to job locations. Distance work now offers them options in new areas. The study focused on renters earning wages too …
Distance Work Opportunities Could Result in Mortgage Boom Read More »
The pressure to find new homes during the pandemic does not come as a surprise. With mandatory lockdowns, individuals and families are finding themselves behind closed doors more than ever before. Schools and universities are delaying or even cancelling in-person classes. Space is tight, stress is high, and naturally, people are seeking new opportunities to be comfortable in their space. Following this push, sales of new homes have reached a 13-year high. Naturally, wealthy individuals …
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