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Buyers outnumber sellers and snapped up homes at a record pace last month. Meanwhile, the divide between the for-sale and rental markets widened as rent growth continued to slow. The for-sale housing market has been red hot despite enormous job losses across the country, and home values have steadily climbed. Annual home value growth accelerated from June in 42 of the 50 largest U. Homes sold in July typically went under contract after only 16 days, two days faster than the previous monthly low in Zillow data that dates back to January Month-over-month home value growth jumped from 0.
Home values grew month over month in each of the top 50 metros after they fell in San Francisco and Detroit in June. Builders, acting on unprecedented confidence, are racing to meet demand, but supply remains well behind what’s needed. This lack of inventory, along with forbearance terms keeping unemployed homeowners in their homes, stands in stark contrast to the Great Recession, when excess supply and distressed sales brought down home values. Zillow forecasts home value appreciation will slow to 3.
In the short term, the updated forecast is now more optimistic toward continued home value growth than previous releases. The likelihood of pessimistic scenarios — defined by persistent unemployment, mass evictions and foreclosures and an enduring spread of the virus — has increased in recent months, and that is reflected in the longer-term forecasted slowdown in home value appreciation in Zillow’s new, probability-weighted forecast model.
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The Democratic National Convention starts Monday in Milwaukee — although the vast majority of the speakers, including former Vice President Joe Biden, will deliver remarks remotely due to fears about the ongoing coronavirus pandemic. Below is my list of the 5 most important speeches expected to be delivered between Monday and the convention’s conclusion on Thursday night. And they’re ranked — so the No. Tell your friends to subscribe to The Point newsletter here! The post version of the former Secretary of State has revealed her penchant for speaking her mind about, well, everything.
And she remains a popular figure within the Democratic Party — many of whom believe she should be the president right now.
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For four months, Joe Biden has been the presumptive Democratic nominee for president. On Tuesday, that qualifier was dropped as Biden officially was nominated. The milestone, which Biden first sought more than 30 years ago, was marked by a slickly produced evening of virtual convention programming, in which Democrats featured party elders as well as up-and-comers and plenty of Trump bashing.
Gone were the scenes of delegates in funny hats pressed cheek-by-jowl around their state spokespersons as each state was called, in alphabetical order, to announce its votes. Watch as all 57 U. But first came the nominating speeches for Biden and Vermont Sen. Bernie Sanders, the primary rival who racked up the second-largest number of delegates. Each speaker was aired from a different location. The first of three people to nominate Biden was herself an unorthodox choice: Jacquelyn Brittany, a security guard in the New York Times headquarters who blurted out her love for Biden when they shared an elevator last December.
The encounter, which was captured on film, soon went viral.
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A Milwaukee Woman Reflects on our City’s Over-50 Online Dating Scene
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What does it take to begin a relationship with God? Do you need to devote yourself to unselfish religious deeds? Must you become a better person so that God will accept you? Learn how you can know God personally. Everyone has their own spiritual journey with the Lord. How can we help you move forward in yours today?
Take the next step in your faith journey with devotionals and other resources for spiritual growth. If you were created for community, why can relationships — family, dating, co-workers, neighbors — be so hard? Explore resources to help you live out your life and relationships in a way that honors God. Sharing your faith is one of our most important callings as followers of Christ. Learn to develop your skills, desire and ability to join others on their spiritual journeys and take them closer to Jesus.
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