The 8 biggest stories that impacted real estate investors in 2020
The hottest topics for real estate investors this year ran the gamut — Airbnb's IPO, WeWork's new CEO, the vacation rental market's comeback, eviction bans and more
by Lillian Dickerson Dec 15
RentCafe: Gen-Zers kept 2020's sluggish rental market afloat
RentCafe's year-end market analysis covered the rental market's headwinds and a silver lining in the form of increased Gen-Z renting activity
by Marian McPherson Dec 14
New jobless claims spiked last week as COVID cases continue to spread
As Congress continued to negotiate a stimulus package, 947K individuals filed new unemployment claims, up 229K from the week prior, according to the Labor Department
by Patrick Kearns Dec 10
The actor-turned-real estate agent making his way in the Hamptons
Kyle Barisich had planned on embarking on a career in real estate someday, but he had no idea how quickly that day would come after theaters were shut down due to the pandemic
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