Greenway's Markets in a Minute I Sellers Have Interesting Requests - Greenway Mortgage Blog

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Greenway's Markets in a Minute I Sellers Have Interesting Requests

Oct 30

1:00

AM

Category | Markets in a Minute

	The economy bounced back in the 3rd quarter with another record surge, recording gains of 33.1% and reversing much of the collapse from coronavirus lockdowns.
	New orders for key U.S. made capital goods jumped 1.9% in September, exceeding expectations of a 0.5% increase and pointing to an improving economy.
	Jobless claims fell once again last week, even lower than expected to 751,000. The labor market remains on a path of gradual improvement, although still far from pre-pandemic health.

	According to CoreLogic, home prices continue to increase at a modest rate. Nationally, home prices were up 5.7% annually in August and up 4.8% from the previous month.
	Pending home sales unexpectedly declined in September for the first time in 5 months, a sign elevated asking prices and lean supply are tempering the housing boom.
	Sellers are requesting odd contingencies these days. One asked buyers to maintain the wardrobe of a plastic skeleton at the front door, and another included the cat with the home.