Posts from February 8th, 2021

So much for 2020 vision, right? All of the play on words that last year was supposed to be a year of clarity was bull sh…not true. Whether it was a pandemic or social and governmental unrest, last year was anything but a moment of clarity. However, with all of the turmoil and challenges, the economic impact it will have on 2021 is clear, at least it is to Dr. Lawrence Yun, Chief Economist of the National Association of Realtors ®. I'm probably not on his Favorites in his iPhone but I was privileged enough to hear him speak, addressing the forecast for this year and how it will impact the purchasing power you have for homes this year.

A NEW APPRECIATION FOR SAVINGS ACCOUNTS
One of the elements Dr. Yun spoke about was the newfound appreciation last year provided us for Savings Accounts. Bank deposits are up more 2 times from this time last year. Given the struggles we all went through last year, a bailout might not always be there for us. While bank deposits are up, acco...

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