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Pending home sales crush hopes of forbearance crash bros

[ad_1] The most recent pending home sales report that soundly beat estimates after a downtrend in the previous months caused some serious head-scratching. Pending home sales were up a healthy 8% from April and just over 13% compared to the same month last year. Of course, last year’s comps should be discounted due to COVID-19. From the National Association of Realtors: “Pending home sales rose 8% in May from the prior month and 13.1% from one year ago. The May 2021 Pending Home Sales Index of 114.7 is the highest reading for May since 2005. Contract signings rose in all regions in May compared to the prior month and one year ago.“ I agree the data looks wonky, but there is a method to the madness. Here is what is happening: The COVID-19 shutdowns paused sales during what looked to be a solid market going into the first few months of 2020. Once the fears of COVID-19 faded, the backup demand resulted in a straight vertical in sales data in the second half of 2020. Some of that make-up demand bled over into the early months of 2021. The weeks of stalled sales due to COVID-19 gave us a low bar to work from for 2021, so that is why the year-over-year data appears strong.  This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post Pending home sales crush hopes of forbearance crash bros appeared first on HousingWire. [ad_2] Source link

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4 Books I Finished Recently

[ad_1] Welcome to my book update post where I share what books I finished recently + my honest thoughts and star ratings of them. My Reading Goals for 2021 For 2021, I set a goal of reading 3 books per week —  1 fiction book, 1 non-fiction book, and 1 audiobook each week. I know this is an audacious goal, but reading is something I love and it’s a way I learn, challenge my mind, improve as a writer and communicator, and am refreshed and encouraged through inspiring stories. I have a few shelves full of books (mostly that I’ve gotten free), so I decided to choose 52 books from off my shelf to read this year (see my list of 52 books I plan to read in 2021 here). I’ll also read other books that I find/am sent that pique my interest. Plus, I plan to go through a lot of audiobooks (I get mine free from the Libby app and just started trying out the Hoopla app). Here are four books I finished recently: The Orphan’s Tale Did you know that some circus companies hid Jews in their company during World War II? I didn’t know that until listening to this book! I enjoyed this book, but it was my least favorite audiobook in the line-up this week. Mostly because I felt like some of the story was disjointed and a lot of it just felt very unrealistic. That said, it’s well narrated and, if you like World War II novels, you’ll probably enjoy this one. Verdict: 3 stars Every Little Win Todd Tilghman is likely best known for being the winner of The Voice, but he’s had a lot of little wins in his life that gave him the backbone and courage to try out for The Voice and make it to the end. The book chronicles he and his wife’s story and journey — from almost losing their marriage early on, to financial struggles, to their call to adopt, to dealing with unexpected fame. It’s a story of teamwork, of relying upon God, and of stepping out in faith and saying yes — even when it terrifies you! I’m only giving it 3 stars because I felt like the story jumped around some and there was a lot of repetition in it that I found distracting, but I underlined and dog-eared many parts of the book, so don’t let my rating keep you from reading the book! Verdict: 3 stars The Woman With the Blue Star I listened to this audiobook and found it to be a really engaging story (that was also well narrated). While some of the story felt fairly improbable and impossible, it opened up my eyes to another World War II story I’d never heard of before: Jews who hid in the sewers in order to survive the Holocaust. If you want to read more of the real-life accounts of Jewish people hiding in the sewer, check out this site. And now I want to read The Girl in the Green Sweater, a first hand retelling of surviving in the sewer for 14 months and also the book, In the Sewers of Lvov: A Heroic Story of Survival from the Holocaust. (Have any of you read either of these?) Verdict: 4 stars The Last Year of the War This was my favorite book of this week. It’s the beautiful story of two young girls — one from a Japanese family and one from a German family — who meet at the Crystal City internment camp during World War II. Not only does the story engage you right from the get-go, but it really makes you step back and ponder what it would be like to be an American citizen who — through no fault of your own — ended up in an internment camp in the US. Like the above two book, this is a World War II perspective I’d never considered before and I think it is a very worthwhile story to read or listen to (the audiobook narration is very well done). And it made me stop to consider how we can jump to conclusions because of fear and how those conclusions can deeply hurt others or make them feel outcast. My only criticism with the book was that it gets a little far-fetched and detailed in the end section — the part that was well after the war. I kind of felt like that part could have been left out or edited down some as it felt like it started to drag on a little. Verdict: 4 stars [ad_2] Source link

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Get the OnePlus 9 marked down to $649 – The Verge

[ad_1] Get the OnePlus 9 marked down to $649  The Verge Grab a OnePlus 9 for the price it probably should’ve been at launch  Android Police This is a Good OnePlus 9 Deal  Droid Life OnePlus 9T could get a powerful 108MP Hasselblad camera  Tom’s Guide OnePlus 8T, 9, 9 Pro Can Be Had With up to a $200 Price Cut [Starting at $549]  Wccftech View Full Coverage on Google News [ad_2]

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