Economy
Unemployment, Brokers, Mike Fratantoni, Agents, George Ratui, January, Economy, Labor Department, Jobs Report, Industry News, Lawrence Yun, Teams, National, Latest News, News
Labor Dept: Nearly Half a Million Net New Jobs Added in January
February 4th, 2022
The U.S. added far more jobs than expected—467,000 in January—with the unemployment rate changing little at 4.0%, despite the omicron variant surge, according to the latest data from the U.S. Bureau of Labor Statistics released Friday. Employment growth continued in...
Feature, Business, Agents, Paul Wells, Premier, Economy, Inflation, Real Estate Trends, Industry News, Interest Rates, Teams, RE/MAX, National, Latest News, Lead Story, News
‘We’re Still Going Up.’ Despite New Skepticism in Real Estate, There’s Reason for Optimism
June 17th, 2022
Market reports are an essential tool for real estate professionals, but experience also matters. In Paul Wells’ case, he boasts over 35 years of experience in real estate and has seen plenty of ups and downs throughout his career. The...
2022, Financing, Coronavirus, Premium Metered, Lending, Economy, real estate news, Real Estate, NAR, Industry News, Mortgage Rates, Housing Market, Freddie Mac, Mortgage, Interest Rates, National, National Association of REALTORS®, Latest News, News
Year-End Outlook: Climbing Mortgage Rates Strain Buying Power in 2022
November 3rd, 2021
Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022. Homeowners will likely look at the past year of mortgage rate...
Coronavirus, Pandemic, Fed, Premium Metered, Economy, real estate news, Treasury, Real Estate, Industry News, Federal Reserve, National, Latest News, News
‘It is Time to Taper,’ Fed Reveals Economic Plan
November 4th, 2021
The Federal Open Market Committee (FOMC) met this weekend to approve plans to scale back its asset purchases amid improving economic activity and employment outlooks. As a result, Fed officials announced on Nov. 3 that it would begin “tapering” its...
Construction, Feature, Jobs, Home Builders Institute, Labor, Premium Metered, Economy, real estate news, Real Estate, Industry News, Home Builders, National, Latest News, Lead Story, News
Year-End Outlook: Labor Could Spark ‘Transformational’ Changes
November 10th, 2021
Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022. Dolly Parton might still be plugging away at a nine to...
Coronavirus, Premium Metered, Economy, real estate news, Inflation, Real Estate, Industry News, Federal Reserve, Interest Rates, National, Latest News, News
Inflation Concerns Persist: High Demand, Low Supply Straining the Economy
November 10th, 2021
Consumer inflation increased 0.9% in October, according to the latest data from the Labor Department, which reported prices are up 6.2% YoY—the highest increase since 1990. While economists have been predicting slowdowns in price gains, high demand and constrained supply...
Brokers, Agents, Jobs, Affordability, Economy, real estate news, Salt Lake City, Industry News, Housing Market, Luxury, realtor.com®, Teams, National, Latest News, News
Salt Lake City Projected to be 2022 Top Housing Market
December 7th, 2021
The nation’s top housing markets are driven by strong local economies, tech sector job growth and affordability, according to realtor.com®’s latest forecast. The Top Housing Markets of 2022 were primarily located in the Mountain West, Midwest and New England. They...
Feature, Real Estate New, Premium Metered, Inventory, Affordability, Economy, NAR, Homeownership, Industry News, Housing Market, Lawrence Yun, National, National Association of REALTORS®, Latest News, Lead Story, News
NAR 2022 Forecast Focuses on Inventory, Affordability and Equity
December 17th, 2021
With one spectacularly unique year coming to a close and the start of a particularly uncertain year looming, the National Association of REALTORS® (NAR) held a virtual Forecast Summit bringing together a swath of experts to hopefully provide both perspective...
Sales, Florida, Inventory, Economy, real estate news, Real Estate, Home Prices, Homeownership, Industry News, Housing Market, National, Latest News, News
Regional Spotlight: Florida Sees Higher Levels of Market Activity in November
December 27th, 2021
Florida’s housing market reported more closed sales, higher median prices, more pending sales and continuing tight inventory levels in November compared to a year ago, according to Florida REALTORS® latest housing data. Closed sales of single-family homes statewide last month totaled 27,541,...
