Hiring is on the rise, but also worse than once thought. What gives?
Real estate didn't shed an unusual number of workers in August. But there are fewer jobs than it once seemed. Intel explains the paradox
by Daniel Houston Sep 1
What down market? Payrolls are just fine in the brokerage world
Home transactions may be down, but you wouldn't know it from most brokerage payrolls. Real estate hiring churned along in July, according to new data from the US Bureau of Labor Statistics
by Daniel Houston Aug 4
Builder hiring ramps up while real estate brokerages keep pace
Builders and residential contractors added nearly 60,000 jobs in June — about 11,000 more than expected for this time of year, according to data released Friday by the Bureau of Labor Statistics
by Daniel Houston Jul 7
Kendall Bonner: The industry isn't ready for reality of commission suit
Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they'll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel
by Daniel Houston Jul 5
Builders are back on track. Here's what that means for real estate
It wasn't easy, but builders survived the market downturn without mass layoffs. And they've clawed their way back near normal sales levels
by Daniel Houston Jun 21
Hiring in real estate ramps up — but lags behind other industries: Labor
May was a strong hiring month for the US as a whole. But in a down market, real estate didn't quite keep pace, according to new jobs data released Friday by the Bureau of Labor Statistics
by Daniel Houston Jun 2
New-home construction creeps upward from lower perch in March
Builders pushed forward with more single-family projects for the second month in a row, but remained far less active than in 2022, according to data issued Tuesday by the US Census Bureau
by Daniel Houston Apr 18
Welcome Homes CEO Alec Hartman on this moment's parallels with 1981
The CEO of construction tech startup Welcome Homes thinks builders will have to take risks to prevent a massive affordability crisis, the likes of which haven't been seen since the early 1980s
by Daniel Houston Mar 8
Builders are pulling their hair out. Why do investors still love them?
To get a clearer picture of where things stand for builders — and where they're headed for investors — Inman compiled financial results from the largest publicly traded homebuilders
by Daniel Houston Feb 8
Homebuilders avoid mass layoffs as brokerages post big hiring month
Sales of new homes have suffered, but plenty of projects remain active. Homebuilders have yet to make steep cuts to their payrolls, according to the US Bureau of Labor Statistics on Friday
by Daniel Houston Dec 2
3 in 10 homes on market are newly built, the highest share in decades
A home for sale today is nearly twice as likely to be newly built than in 2019 as a glut of unsold projects reaches the market, according to a new report from Redfin
by Daniel Houston Nov 8
Lumber prices see stable week after falling to normal levels
Construction costs remain high. But one of the biggest headaches for builders — obtaining lumber at a steady price — may be normalizing
by Daniel Houston Oct 11
In 3 months, spending on new home construction fell by 9%
August numbers show spending on new single-family homes dropped to a seasonally adjusted annual rate of $436B, a 2.9% fall from July, according to US Census Bureau data released Monday
by Daniel Houston Oct 3
Knock on wood: Cost of lumber drops back to pre-pandemic levels
Lumber futures have fallen back to where they were before the pandemic ignited a boom in housing and stretched supply chains to the limit, according to data compiled by Nasdaq
by Daniel Houston Sep 30
Residential construction spending rises for fifth-consecutive month
The steady increase has occurred despite widespread supply shortages, tight labor markets, rising inflation and the volatile cost of wood, according to National Association of Home Builders
by Taylor Anderson Apr 8