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Inman Connect This is the second installment of Inman’s five-part Bubble Trouble series on the housing market’s unpredictable rise. Tom Bailey became a real estate agent in 2008 as the housing market was going from really good to really bad. It wasn’t easy. Tom Bailey “I did everything,” Bailey, a broker with Margaret Rudd & Associates in Southport, North Carolina, recently told Inman. “I was calling expired listings. Calling [for-sale-by-owner listings]. I’d get out and knock on doors.” More than a decade later, Bailey’s then-fledgling career has survived and conditions are very different. Before, inventory was abundant. Now it’s tight. Before, many consumers had little equity in their homes. Now, most people put down 20 percent. And overall, despite ever-rising prices, most economists don’t currently think that the housing market is about to fall off a cliff. ....
Saddleworth’s legendary Whit Friday Band Contests have been cancelled for the second year running. Billed as “The greatest free show on earth” the colourful spectacle attracts thousands of visitors to the event which sees famous local, national and international bands weave their musical magic across 11 contests. Bob Rodgers, Group Co-ordinator, said: It is with great regret the Saddleworth and Oldham Group of Whit Friday Band Contests, with the backing of Oldham Council Officers, have taken the difficult decision to cancel the 2021 event on May 28. “Having taken into account the current and projected situation regarding Covid-19, they are of the opinion that it would be irresponsible to stage this year s contests. ....