Glenda Brunson Associate Broker

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Housing Sector Increases During a light week for economic data, investors remained focused on the troubling spread of the coronavirus in many regions. Daily volatility in mortgage markets was small, and rates held relatively steady near record low levels.... The most significant economic data released this week came from the housing sector, and it again revealed that the recovery has been much faster than anticipated. In June, sales of previously owned (existing) homes, which make up about 90% of the market, unexpectedly jumped a record 21% from May but still were lower than a year ago. National median existing-home prices were up 4% from a year ago. Inventory levels were down 18% from a year ago and remained the primary trouble spot. The number of homes for sale was at just a 4.0-month supply nationally, well below the 6.0-month supply which is considered a healthy balance between buyers and sellers. June new home sales, which account for the remaining 10% of the market, also far exceeded the consensus forecast. They increased 14% from May and were 7% higher than a year ago. Unlike existing home sales, which are based on closings, new home sales measure contracts signed during the month.

Get Tested Essential Workers in New York State can make an appointment to be tested at one of our drive through or walk in testing sites by calling the COVID-19 Hotline at 1-888-364-3065 or online at covid19screening.health.ny.gov... Individuals who are employed as essential employees who directly interact with the public while working, including but not limited to: Animal Care Workers (e.g. Veterinarians) Automotive Service and Repair Workers Bank Tellers and Workers Child Care Workers Client-Facing Case Managers and Coordinators Counselors (e.g. Mental Health, Addiction, Youth, Vocational, Crisis, etc.) Delivery Workers Dentists and Dental Hygienists Essential Construction Workers at Occupied Residences or Buildings Faith-Based Leaders (e.g. Chaplains, Clergy Members) Field Investigators/Regulators for Health and Safety Food Service Workers Funeral Home Workers Hotel/Motel Workers Human Services Providers Individuals who are employed as health care workers, first responders, or in any position within a nursing home, long-term care facility, or other congregate care setting, including but not limited to: Direct Care Providers Firefighters Medical Specialists Nutritionists and Dietitians Occupational/Physical/Recreational/Speech Therapists Paramedics/Emergency Medical Technicians (EMTs) Psychologists/Psychiatrists Residential Care Program Managers Laundry and Dry Cleaning Workers Mail and Shipping Workers Maintenance and Janitorial/Cleaning Workers Retail Workers at Essential Businesses (e.g. Grocery Stores, Pharmacies, Convenience Stores, Gas Stations, Hardware Stores) Security Guards and Personnel Social Workers Teachers/Professors/Educators Transit Workers (e.g. Airports, Railways, Buses, Trash and Recycling Workers Utility Workers