After five consecutive weeks of decreases, a slight uptick in mortgage rates forced mortgage app volume to fall nearly 8% week-over-week.
Read More »Economic Check In With Realtor.com’s Danielle Hale
In her latest video, Hale breaks down the recent Jobs report, how it is impacting Fed decision making, and what first-time homebuyers are seeing as advantages—and disadvantages—in the current market.
Read More »Jobs Report Reflects ‘Economic Divide’ Caused by Pandemic
The employment report for December 2020 showed a loss of 140,000 jobs in December, the first decline since April, according to Friday's Employment Situation Summary from the Bureau of ...
Read More »U.S. Economy Adds 4.8M Jobs in June
Commentary on the report said housing is the one sector to report a true V-shaped recovery, but longer-term forecasts will be dependent on healthy labor market.
Read More »U.S. Economy Adds 225,000 Jobs In January
While praising the continued growth, one economist called one area of the report a “bright spot” for housing.
Read More »Housing Industry Reacts to Latest Jobs Report
U.S. employers continued their trend of adding workers, as the Labor Department reported the economy added 164,000 jobs in July and the unemployment rate held at 3.7%. The ...
Read More »The Impact of the Jobs Report on Interest Rates
The prospects that the Fed will slash interest rates later this month took a hit after the June jobs report from the Bureau of Labor and Statistics revealed ...
Read More »Industry Reacts to May Jobs Report
There was a mixed reaction Friday to the May jobs report, which reported the economy added just 75,000 jobs and the unemployment rate was remained at 3.6%. “This ...
Read More »Economists Address Jobs Report and Housing Impact
With the unemployment rate at its lowest level since the Lyndon B. Johnson administration and wages increasing, industry insiders have differing opinions as to what this means for the housing market.
Read More »How Incomes are Impacting Housing
The newest numbers from the U.S. Bureau of Labor Statistics weave a familiar tale. Industry experts cut through the numbers to reflect on the effect of the current jobs market on the housing industry.
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