Total nonfarm payroll fell by 20.5M in April with heavy losses in leisure and hospitality
by Patrick Kearns May 8
"I think there are stirrings of optimism — I think that's a good way to put it," broker John Hackett said
The tech-centric brokerage had furloughed 41% of its agents amid the economic woes of the coronavirus pandemic
by Jim Dalrymple II May 7
According to Apartment List's latest study, the nonpayment rate for stimulus check recipients was only 3 percent lower than for those who didn't receive the payment
by Marian McPherson May 7
More than 33.5 million people have filed for unemployment since the outbreak exploded in early March, according to the US Labor Department
New open home sale transaction volume declined by as much as 50% in April, according to Realogy CEO Ryan Schneider.
by Patrick Kearns May 7
Roughly one-quarter, or 26.5%, of the 54.7 million mortgaged homes in the U.S. were equity-rich in Q1 2020, according to Attom Data Solutions' Q1 2020 U.S. Home Equity & Underwater Report
Three affordable housing developers share how they're preparing for a continued surge in affordable housing demand and what needs to be done to meet renters' needs
by Marian McPherson May 6
The coronavirus pandemic has resulted in lenders offering significantly lower average annual percentage rates to homebuyers and refinance borrowers
The 30-year, fixed-rate mortgage hit 3.4% last week, a record low for the Mortgage Bankers of America survey
by Patrick Kearns May 6
Agents are hungry to know what's going to happen to their businesses and the industry as a whole. Leslie Appleton-Young, the vice president of the California Association of Realtors, shares a real-world, data-driven snapshot into today's realities
by Bernice Ross May 6
The pandemic drove real estate sales down, but a checkmark-type recovery may already be beginning
by Jim Dalrymple II May 5
Although the stock market has been volatile for weeks and unemployment has continued to rise, home prices have been seemingly unaffected
The layoffs come as the pandemic has largely stopped global travel and after Airbnb previously undertook cost-cutting measures
by Jim Dalrymple II May 5
A new report from realtor.com found that new listings fell 44.1 percent in April as the outbreak slammed the economy
by Jim Dalrymple II May 5
Last week, we asked you to tell us how you're preparing for when the country reopens, now that COVID-19 restrictions are slowly being lifted. Here's what you shared
by Inman May 5