Thu.Sep 03, 2020

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America’s Housing Shortage Is Intensifying During the Pandemic—Especially in Relatively Affordable Places Like San Antonio and Baltimore

Redfin

Meanwhile, San Francisco has experienced a flood of homes for sale as Americans flee dense, expensive cities. America’s housing shortage was intense before the coronavirus hit, with the number of homes for sale slumping 7% year over year in February. Now it’s even more acute: Supply dropped for the twelfth-straight month in July, plummeting nearly 20% to just 1.9 million homes—the lowest level of any July on record.

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Live Events Coalition: Is It Helping The Industry?

Endless Events

The Live Events Coalition has been making waves around the industry. After a pandemic almost put a complete stop to the industry, a group of people knew something had to be done. And so, they rallied together in the name of the events industry and all of the people who found themselves jobless and hopeless without a single warning. But what exactly is the Live Events Coalition?

MICE professionals

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Homebuyers on a $2,500 Monthly Budget Can Afford $33,000 More With Low Mortgage Rates, But Higher Home Prices Cancel Out Increase

Redfin

Historically low rates are motivating homebuyers even though prices were up 8.2% year over year in July, effectively cancelling out the 6.9% increase in purchasing power. A homebuyer with a $2,500 monthly housing budget can afford a home priced $33,250 higher than a year ago, thanks to historically low mortgage rates. At a 3% mortgage interest rate—roughly the average 30-year fixed rate for July and August 2020 —a homebuyer can afford a $516,500 home on $2,500 per month, up from the $483,250 the

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Understanding Online Travel Agency Business: Partners, Building Blocks, How to Grow

AltexSoft Travel

Online travel agencies are some of the youngest players in the travel market. Since their appearance in the 90s, they flipped travel distribution, became hotels’ biggest enemies , and changed how people research, plan, and buy their trips. And they’re not planning to stop with new startups emerging every year and massive businesses growing even more.

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COVID-19 Travel Consumer Sentiment Study

TravelBoom and sister agency, The Brandon Agency, release new consumer sentiment study on travel amidst the COVID-19 second wave