Homes for sale have dwindled
Supplies of existing dwellings have dwindled far below the six-month level considered normal. Realtors are receiving multiple offers. Builders can t keep up with demand and flipping is back.
Talk of a housing bubble is now common among analysts – including those at Swiss banking giant UBS, who back up their claims with charts showing how home prices are outstripping both wages and rents. While home prices have appreciated more than 60% since November 2012, incomes have only appreciated by 20% and rents by 30% over the same time period. The upshot: Homes are out of reach for more and more buyers every year, the analysts argue.
Athletic push, good spirits, mental health days: News from around our 50 states
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February 1, 2021, 12:21 AM·49 min read
Alabama
People get COVID-19 vaccines during a drive-in clinic in the old Montgomery Mall parking lot in Montgomery, Ala., on Saturday.
Montgomery: The state will roughly double the number of people eligible to receive immunizations against COVID-19 this month even though there’s still not enough vaccine for everyone who qualifies for a shot, the head of the state health agency said Friday. Dr. Scott Harris, the state health officer, said everyone 65 and older, educators, court officials, corrections officers, postal employees, grocery store workers, some manufacturing workers, public transit workers, agriculture employees, state legislators and constitutional officers will be eligible to get vaccinations when the program expands Feb. 8. Currently, only people 75 and older, first responders, health care workers and long-term care residents ar
From USA TODAY Network and wire reports
Alabama
Montgomery: The state will roughly double the number of people eligible to receive immunizations against COVID-19 this month even though there’s still not enough vaccine for everyone who qualifies for a shot, the head of the state health agency said Friday. Dr. Scott Harris, the state health officer, said everyone 65 and older, educators, court officials, corrections officers, postal employees, grocery store workers, some manufacturing workers, public transit workers, agriculture employees, state legislators and constitutional officers will be eligible to get vaccinations when the program expands Feb. 8. Currently, only people 75 and older, first responders, health care workers and long-term care residents are eligible. The state has been hearing complaints that more people aren’t allowed to get in line for shots. The change means as many as 1.5 million people in the state will qualify for shots, up from about 700,000 currently, H
Maine home sales went up almost 10% in 2020 sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
2 months ago in Local dtarsetti Photo: clipart.com
Home sales in Maine went up almost 10% last year despite the coronavirus pandemic, and home values went up, as well.
The Maine Association of Realtors said sales of single-family existing homes increased despite challenges from the pandemic. The statewide median sales price went up to $256,000, which was an increase of almost 14%, the association said.
Sales were especially strong at the end of the year. Sales across Maine went up more than 31% in December 2020 compared to the previous December, the association said.
Aaron Bolster, association president, said low mortgage rates and better control of the pandemic than some states worked in Maine’s favor.