“Anyone who says that the artist’s sphere leaves no room for questions, but deals exclusively with answers, has never done any writing or done anything with imagery.”
Self-appreciation is about valuing who you are and what you do. It’s about how you take care of yourself, mentally and physically. It sounds easy but it’s often more of a challenge to do so. If you experience imposter syndrome, it’s downright near impossible to have self-appreciation. Why? Well, self-appreciation is about seeing yourself in […]
A pending sale sign in front of a home in Miami.
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Signed contracts to purchase previously owned homes fell 1.8% in July from June, according to the National Association of Realtors.
Sky-high home prices have caused affordability to drop dramatically in the last several months. The median price of an existing home was up 18% in July, according to the Realtors. Much of that was due to the fact that there was far more activity on the higher end of the market, which skewed that median higher.
Pending sales are a forward-looking indicator of sales that close in one to two months.
“The market may be starting to cool slightly, but at the moment there is not enough supply to match the demand from would-be buyers,” Realtors chief economist Lawrence Yun said in a release. “That said, inventory is slowly increasing and home shoppers should begin to see more options in the coming months.”
Mortgage rates fell sharply during July, with the average on the popular 30-year fixed starting the month at 3.18% and ending at 2.84%, according to Mortgage News Daily. That drop gave buyers more purchasing power, which likely helped those on the edge of affording today’s high home prices. The lower rates, however, were not enough to really juice the market.
Pending sales were down 8.5% compared with July last year. That annual comparison, though, is an unusual one, because sales spiked so dramatically last summer after the initial shutdown due to the pandemic.
Regionally, the Realtors’ pending sales index fell 6.6% in Northeast month to month and was down 16.9% year over year. In the Midwest it dropped 3.3% for the month and 8.5% from July 2020.
In the South, sales fell 0.9% for the month and were down 6.7% annually. In the West, sales rose 1.9% monthly and were down 5.7% annually.
“Homes listed for sale are still garnering great interest, but the multiple, frenzied offers — sometimes double-digit bids on one property — have dissipated in most regions,” Yun said.
Total housing inventory at the end of July was 1.32 million units, up 7.3% from June’s supply and down 12% from one year earlier (1.5 million). There was a 2.6-month supply of unsold inventory at the July sales pace
Closed sales of existing homes in July, which represent contracts signed in May and June, rose for the second straight month.
“A life in the past cannot be shared with the present. Each person who gets stuck in time gets stuck alone.”
“You must be vulnerable to be sensitive to reality. And to me being vulnerable is just another way of saying that one has nothing more to lose.”
Before we start exploring leadership myths, let’s take a moment to examine these three “truth or myth” questions: Truth or myth? Caffeine and its effects are addictive. Answer: We can hear it now, “I can’t start my day without it, I’m addicted!” We even feel what some call withdrawal symptoms when we don’t get our […]
The advertising agency I’d joined was the most competitive and ambitious in London. Building business was hardwired into every one of us. Competition with other internal teams was part of the process. Jumping to the top of the queue above other teams for the next new business prospect gave us more opportunities for winning new […]
A painted landscape of fact and feeling along the flow of existence.
The gasp beyond fact, contouring the central question of what it is like to be you.
We’ve all been there at this moment where the overwhelm is so intense that we can not even think or act. I’m talking about the moment where you just can’t. You are ‘done.’ You feel stuck, sad, and frustrated. You would scream, but if you only had the strength! I know, I’ve been there too. […]