Friday, April 3, 2026

Bidding Wars Drop To January Lows

Mon, 16 August 2021  |  housing 

In July, 60.1% of home offers written by Redfin agents faced competition, down from a revised rate of 66.5% in June and a pandemic peak of 74.1% in April, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage

While July's bidding-war rate was the lowest since January, it was still higher than the 57.9% bidding-war rate we saw in July 2020, when the housing market was recovering following a shutdown caused by pandemic restrictions.

Homebuying conditions have been improving this summer following months of fierce competition and so... Read More

More Smaller Homes Hit Housing Market

Tue, 10 August 2021  |  housing 

July housing trends show some good news for first time buyers. New listings grew on a yearly basis for the fourth month in a row as sellers added a higher number of smaller homes to the market, according to the Realtor.com^® Monthly Housing Report released today. Growth in the U.S. median listing price continued to moderate last month, but data shows some of this trend can be attributed to the increase in lower-priced homes for sale.

Nationally, the number of homes for sale declined 33.5% year-over-year in July. While inventory is still lower compared to last year... Read More

Pandemic Fuels Career Shifting

Tue, 10 August 2021  |  workplace 

With the prospect of a post-pandemic world on the horizon, or what some are referring to as the YOLO Economy it's clear that employees have the upper hand over their employers these days and are seeking greater flexibility and balance. While many workers report struggling with burn out and return-to-office mandates, a new survey out today from digital wealth manager, Personal Capital, in partnership with The Harris Poll, shows a staggering two-thirds of Americans surveyed (66%) are interested in switching jobs right now, with young generations expressing such sentiment in part... Read More

Average Back-to-School Spending Reaches $498, and 33% of Parents Will Go Into Debt To Pay For It

Mon, 09 August 2021  |  education 

As the era of COVID-19 stretches into another topsy-turvy year, families with school-age kids are gearing up for another deeply uncertain and costly back-to-school shopping season, according to LendingTree's 2021 Back-to-School Shopping Survey.

LendingTree polled more than 1,000 parents with children under the age of 18 and found that families today are dealing with a wide range of financial stressors, including higher levels of debt, sticker shock from inflation and longer school supply lists brought on by the pandemic.

Key findings

• 1 in 3 parents o... Read More

  Used Vehicle Prices Expected to Climb to Record Highs

  Tue, 06 July 2021  |  transportation 

  Consumers seeking relief from new car prices in the used car market might be a bit dismayed by used car prices as well, according to the car shopping experts at Edmunds. Edmunds data reveals that the average transaction price (ATP) for used vehicles climbed to $25,410 in the second quarter of 2021 compared to $22,977 in Q1 and $20,942 in Q2 2020, marking the highest quarterly used ATP Edmunds has on record.

  "Tighter inventory and fewer discounts in the new car market are pushing shoppers to seek a reprieve in the used market, and this consumer behavior is what's also driving ... Read More

  Two-Fifths Of Workers Question Need To Return To Workplace

  Tue, 06 July 2021  |  workplace 

  More and more offices plan to reopen their doors in the coming months, but will their workers show up? Amid higher productivity, 43 percent question the wisdom of returning to the workplace at all.

  The new survey by The Conference Board reveals a notable shift in employees' greatest return-to-work concerns. Once dominant fears of contracting COVID-19 or exposing family members to it now lag behind anxieties about returning at all, dropping by nearly half in the last nine months. Moreover, a clear divide among workers emerged, with lower-level employees, women, and millennials questi... Read More

  
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