Real Estate News Brief: Housing Start Boom, Mortgage Rate Surprise, and Drive-In Theater Revival
In this Real Estate News Brief for the week ending July 18th, 2020... home construction is booming for a second month in a row, mortgage rates are at a 50-year low, and drive-in theaters are popping up across the country. We begin with economic news from this past week, and a housing market that is rebounding nicely from the pandemic. The Commerce Department reported that housing starts continued a surge that began in May. They were up 17.3% in June, after a 17% increase in May... www.NewsForInvestors.com
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