By creating a housing shortage, the coronavirus delivered a blow to housing affordability. However, in a counter-trend that has softened the blow to buyers
By creating a housing shortage, the coronavirus delivered a blow to housing affordability. However, in a countertrend that has softened the blow to buyers’ budgets, the pandemic drove mortgage rates
Northeast Pennsylvania packs a whole lot into one corner of the state. From hiking trails and breathtaking vistas, to ski slopes and water parks, to craft breweries and eateries dishing out local flavor… the list goes on and on. That’s the idea behind 570 Day taking place on Friday, May 7.
#570Day is a new online initiative born through the combined creative efforts of the Rotary Club of Wilkes-Barre, the Greater Wyoming Valley Chamber of Commerce, and Visit Luzerne County. The day aims to spread positivity and local pride by celebrating the people and places within the 570 area code.
Being a part of 570 Day is easy. On May 7, organizers encourage people, businesses, schools, nonprofits, and organizations across Northeast Pennsylvania to use #570Day on social media to show what they love about living in the area. Post pictures, videos, and stories that highlight the natural beauty, businesses, and people “who make the 570 area so great.”
While falling mortgage rates created tailwinds for affordability, there are two major headwinds layoffs and rising home prices. The U.S. jobless rate jumped to the double digits in the spring. While the labor market has recovered, unemployment remains elevated.
Coronavirus hurts housing affordability: The 5 most and least affordable metro areas chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.