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1003 South 17th Street Wilmington NC 28401
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(910) 799-2611

info@wilmhba.org

3801-5 Wrightsville Ave., Wilmington NC 28403

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A 1,000 member firm serving as the voice of the building and development industries in southeastern NC while promoting property rights and home ownership.

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mrgopal @mrgopal·

Americans are spending a lot of time at home during the pandemic. It's prompting a surprising number of them to shop for something better.

https://www.bloomberg.com/news/articles/2020-05-29/housing-market-is-unexpected-stalwart-in-the-pandemic-shutdown?sref=9QvQPwVJ

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NAHB @NAHBhome·

Nearly one-quarter of the U.S. labor force (including self-employed) are working in high unemployment risk sectors. This puts a lot of economic pressure on the housing markets in certain areas as people can't pay rent or their mortgages. http://ow.ly/Bzfo50zTAwN #recovery

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NAHB @NAHBhome·

The 30-year fixed-rate #mortgage dropped to an average of 3.15% during the week ending May 28, the lowest level since Freddie Mac began tracking this data starting in 1971. A year ago, the 30-year fixed-rate mortgage averaged 3.99%. https://www.marketwatch.com/story/mortgage-rates-hit-another-all-time-low-as-home-buyers-rush-to-secure-cheap-financing-2020-05-28 #realestate

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NAHB @NAHBhome·

Continuing #unemployment claims dropped by 3.86 million in the week ending May 16, suggesting some unemployed workers are finding jobs or being rehired as states reopen. Initial claims continued their downward trend. http://ow.ly/MRT950zSUwT

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NAHB @NAHBhome·

The COVID-19 pandemic has affected our day-to-day lives in numerous ways. Homes have been central fixtures throughout the crisis, and the housing market will help lead us out of the economic downturn. More at http://ow.ly/gr7j50zRJtP #HousingisEssential #Safety365 #BacktoWork

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