Massive downward jobs revision not budging mortgage rates
Rebenchmarking that suggests the US added 911K fewer jobs than previously thought generates political heat but was widely expected by economists and investors
by Matt Carter Sep 9
Rising wages and job growth pushed pending home sales up slightly in May
New numbers from the National Association of Realtors show that pending sales rose 1.1% year over year in May
Weak jobs, manufacturing reports provide no relief for mortgage rates
Hurricanes and strikes were expected to dent job creation, and bond market investors are looking ahead to next week's election, Fed meeting and government bond auctions, analysts say
by Matt Carter Nov 1
NYC favors life-science workspaces over affordable housing
Even as some specialty workspaces around the US are converted back into offices, NYC is moving forward with plans for a 2.19M square foot science park despite calls for more housing
by Richelle Hammiel Sep 10
Employment rebounds with 287,000 jobs in June, says BLS
Housing experts are optimistic about the state of the labor market
by Caroline Feeney Jul 8
Employment growth slows in spring as skilled labor market tightens
The private sector continues to gain jobs but at a leisurely pace
by Caroline Feeney Jul 7
11 reasons the real estate market could crash again
Don't panic, but keep an eye on consumer confidence, job creation, Fed tapering, overregulation
by Fred Glick May 21