Real estate sector adds 23K jobs
The unemployment rate fell to 8.4% in August, according to new data released Friday by the U.S. Bureau of Labor Statistics.
by Patrick Kearns Sep 4
The 2020 housing market is now outperforming 2019
National Association of Realtors Chief Economist Lawrence Yun said he believes home sales will be slightly ahead of 2019 and then up even more in 2021, rising 8% year over year
by Patrick Kearns Sep 1
July unemployment report shows a long road to recovery
Despite improvements in unemployment and payroll, the July unemployment report shows the US is still far from its pre-pandemic economic strength
by Marian McPherson Aug 7
Why Section 1031 like-kind exchanges need to stay
Opinion
Candidate Joe Biden’s campaign plan is to eliminate certain preferences for real estate, and one major area the plan focuses on is the elimination of Section 1031 like-kind exchanges. Here's why that's a bad idea
by Dan Wagner Aug 3
Mortgage applications surge as buyers scramble for rates below 3%
Purchase activity was up 19% year over year, an increase for the ninth-consecutive week, according to new Mortgage Bankers Association data released Wednesday
by Patrick Kearns Jul 22
A third of all Americans missed housing payments in July
Of the 32% of Americans who didn't make a full housing payment, 19% made no payment at all while 13% paid a portion, according to an Apartment List survey released Wednesday,
by Marian McPherson Jul 8
New jobless claims top 1M for 14th straight week
More than 1.4 million Americans filed for unemployment last week, according to the US Department of Labor
by Patrick Kearns Jun 25
How the pandemic is impacting Americans' decision to move
According to a recent Apartment List survey, 30 percent of Americans are canceling their moving plans because of coronavirus-induced financial strain
by Marian McPherson Jun 23
New single-family home sales surge in May, surpassing 2019 numbers
Sales of new single-family homes were up 12.7% year over year, according to data released Tuesday by the US Census Bureau and the Department of Housing and Urban Development
by Patrick Kearns Jun 23
Summer outlook: A slowing recovery may wait in the wings
While housing has thus far seen a strong recovery, experts say prices may actually fall later this year. Factors such as unemployment and foreclosures could also weigh down the market
by Jim Dalrymple II Jun 23
Realogy upsizes capital raise to $550M following increased demand
The company upped its intended raise of $400M, a spokesperson confirmed to Inman
by Patrick Kearns Jun 10
The economic downturn won't end investment in real estate tech
Venture capitalists Constance Freedman and Paul Levine said Thursday that there's still plenty of space for innovation and money to disrupt the real estate industry
by Jim Dalrymple II Jun 4
Surge in COVID-19 cases greatest risk to market: KW economist
Ruben Gonzalez told Inman that homeowners requesting mortgage forbearance will need to be transferred to a loan restructuring plan to avoid massive foreclosures
by Patrick Kearns May 8
title insurance premiums
The pandemic drove real estate sales down, but a checkmark-type recovery may already be beginning
by Jim Dalrymple II May 5
Zillow economist predicts 'check mark' recovery for housing market
Zillow Chief Economist Svenja Gudell forecasts a small decline in prices with a full rebound by the end of 2021
by Patrick Kearns May 4