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Your first tuesday real estate news
Week of November 11, 2019

New homeowners take on more credit card debt
After homebuyers close, their spending habits take a turn and credit card use increases.

Today’s young adults move more often — except in California
While U.S. trends for young adult mobility are clearly up over the past few decades, the same is not true here in California.

Recent Case Decision: Gietzen v. Covenant RE Management, Inc.
Is a commercial landlord liable for a breach of lease when they no longer have any interest in the property?

Using the yield spread to forecast recessions and recoveries
The yield spread rebounded in October 2019 when it averaged +0.05 points.

Current market rates
The average 30-year fixed rate mortgage remained roughly level at 3.71% in the week ending November 8, 2019.

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