Monthly Archives: June 2020

5 things Modi government should do to revive real estate

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Given the current economic scenario in the country, which earlier was undergoing a slowdown and now has been hit by the COVID -19 pandemic, both the government and the RBI have done much to provide adequate support to the sector. From launching the Alternative Investment Fund (AIF) to giving last-mile funding to stuck projects, to introducing various measures offering succour to both developers and buyers, this proactive approach has been hailed by all, across sectors.

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Swimming Pools a Hot Real Estate Draw

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Quarantine has been a downer on the real estate market, home sales down in the market in April and May, according to the Houston Area Realtors.But they’re seeing an uptick, if conditions continue to improve. And if working from home patterns continue and commutes no longer part of the equation that could a number of people to reconsider their geography. “We’ve seen a big increase in the number of home sales with pools. People who have been quarantined in their house for the last couple of months now really wish they had outdoor space they could use, so we’ve seen homes with pools see really high sales,” says Jennifer Wauhob, the principle of the Jennifer Wauhob Team Better Homes and Gardens Real Estate Gary Greene and vice chair of the HAR.

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Poverty rates: Some of poorest towns in the country are found across the southern US

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Addressing the Senate Banking Committee last week, Federal Reserve Chairman Jerome Powell testified that a full economic recovery in the wake of the pandemic is uncertain. As CARES act unemployment benefits are set to expire next month, and as federal lawmakers have yet to agree on a new round of stimulus, Powell’s remarks offer little consolation for the 40 million-plus Americans who have filed for unemployment since mid-March.

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