The economy and the housing market continue to see signs of improvement—particularly in terms of buyer demand. The labor market impacts continue to shrink while mortgage applications and showing appointments continue to improve. More REALTORS® are closing deals and helping their clients to purchase homes. And all of this is happening against a backdrop of the lowest mortgage interest rates ever. However, we are also still in the midst of a global pandemic while at the same time grappling with the tragedy of loss and the ensuing social unrest. Thus, even as things move in the right direction, the process will be slow and we all have a lot of work to do individually and collectively before we can fully recover.

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