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Real estate

Report: Business owners see ‘hope on the horizon,’ but a new guard is taking over (access required)

Buffeted by the pandemic economy, many businesses invested in e-commerce and other technology to meet customer needs. That’s one of the findings of the most recent quarterly Business Owner Outlook report from Wilmington Trust and M&T Bank. The national survey also showed that chaos brought by COVID-19 has caused some changing of the guard and early retirements.

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U.S. Foreclosure Activity Drops to 16-year Low In 2020   (access required)

ATTOM Data Solutions has released its 2020 U.S. Foreclosure Market Report, which shows foreclosure filings— default notices, scheduled auctions and bank repossessions — were reported on 214,323 U.S. properties in 2020, down 57 percent from 2019 and down 93 percent from a peak of nearly 2.9 million in 2010, to the lowest level since tracking began in 2005. 

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