Job growth slows in November — and real estate sector saw losses
The real estate sector — which includes rental and leasing — added 8.5K jobs on a seasonally adjusted rate in November and actually lost 3K jobs if unadjusted for seasonality
by Patrick Kearns Dec 4
638,000 jobs added in October — but unemployment remains high
The unemployment rate declined to 6.9%, according to the Bureau of Labor Statistics, but the country as a whole is still down about 10M jobs since February's pre-pandemic levels
Need help with an eviction? There's an app for that
Civvl promises independent contractors they'll earn up to $2,000 per week for helping with evictions and foreclosure cleanouts. But is it legal?
by Marian McPherson Sep 23
New jobless claims dip below 1M for first time since March
For the week ending Aug. 8, a total of 963K new unemployment claims were reported on a seasonally adjusted annual basis, a decline of 228K from the week prior
by Patrick Kearns Aug 13
Here's why one economist believes a foreclosure wave is unlikely
Odeta Kushi, the deputy first economist at First American, doesn't believe the COVID-19 crisis will lead to a massive spike in foreclosures
by Patrick Kearns Aug 10
More than 1M Americans filed unemployment claims last week
It's the lowest level of new jobless claims since the pandemic began spreading across the United States, but still far ahead of pre-COVID-19 norms
by Patrick Kearns Aug 6
What's the outlook on the rental market now?
Opinion
To stay in front of the chaos, real estate investors need to know where the rental market really stands. Here's what you need to know — from macro data like unemployment and vacancy rates to how various property types are faring
by Bob Collopy Jul 27
New jobless claims reverse course, increase from prior week
New initial unemployment claims topped 1 million for the 15th straight week
by Patrick Kearns Jul 23
Brown Harris Stevens CEO: 'We have to apply a little bit of humanity'
Brown Harris Stevens CEO Bess Freedman called for compromise in the face of an impending wave of evictions as CARES Act benefits are set to expire at the end of July
by Lillian Dickerson Jul 21
Another 1.3M people filed for unemployment last week
Claims have been decreasing for 15 weeks, from mid-Pandemic highs — when new unemployment claims topped 6 million — but remain ahead of pre-pandemic numbers
by Patrick Kearns Jul 16
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
Unemployment rate continues decline in June, but virus still looms
The real estate sector — not including rental and leasing — added more than 18,000 jobs in June, according to the US Department of Labor in a report released Thursday
by Patrick Kearns Jul 2
Summer outlook: Real estate heads into buying season on firm footing
In our multipart series on the US housing market this summer, Inman's Jim Dalrymple reports that the market hasn't fully returned to normal yet, but a number of metrics including prices and pending sales suggest it has been resilient amid the coronavirus crisis
by Jim Dalrymple II Jun 22
Stunning jobs report shows unemployment dropped in May
The expectation among forecasters was unemployment could climb as high as 20%, but data released Friday showed it actually dropped to 13.3%
by Patrick Kearns Jun 5
A comprehensive guide to industry resources for real estate agents
Real estate companies, trade groups and government agencies are offering resources amid the pandemic. Inman is trying to compile them all in 1 guide that will be updated daily
by Patrick Kearns May 20