June 2020 Foot Traffic Report July 10, 2020July 10, 2020 blogadmin real estate market June 2020 Foot Traffic Report Home showings in June 2020 showed a strong rebound from the level in May. By: Brandon Hardin
Commercial Market Still Weakened by Coronavirus Impact as of June 2020 July 10, 2020July 10, 2020 blogadmin real estate market Commercial Market Still Weak as of June 2020 The commercial real estate sector continues to struggle as a result of the coronavirus pandemic. By: Scholastica (Gay) Cororaton Commercial & Investment Real Estate
1.3 Million New Unemployment Claims While People Receiving Benefits Eased to 18 Million July 9, 2020July 9, 2020 blogadmin real estate market People Receiving Benefits Eased to 18 Million In the week ending July 4, new unemployment claims decreased to 1.3 million, a decrease of 99,000 from the previous week’s revised level. By: Nadia Evangelou
How Has the Pandemic Changed the Movement of People Across the Country? July 9, 2020July 9, 2020 blogadmin real estate market The Pandemic and Changes to Relocation Mobility typically brings economic development and, subsequently, a faster recovery in the local economy from the recent shutdown orders. By: Nadia Evangelou
Price-to-Rent Ratios by State from 2014-2019 July 6, 2020July 6, 2020 blogadmin real estate market Price-to-Rent Ratios by State from 2014-2019 In considering where to move, potential home owners and renters have to keep their fingers on the pulse of home price and rent growth. By: Michael Hyman
Homeowners Struggling to Pay Bills in the Coronavirus Crisis July 6, 2020July 6, 2020 blogadmin real estate market Homeowners Struggling to Pay Bills in the Coronavirus… Coronavirus has people struggling to pay bills: 12% of homeowners did not pay on time their mortgage last month, according to the U.S. Census. By: Nadia Evangelou
Continuous Improvements in the Job Market; Fewer Than 1.5 Million New Unemployment Claims July 2, 2020July 2, 2020 blogadmin real estate market Continuous Improvements in the Job Market With significant improvements in the job market, employment grew by 4.8 million new jobs in June. By: Nadia Evangelou
Instant Reaction: Jobs, July 2, 2020 July 2, 2020July 2, 2020 blogadmin real estate market Instant Reaction: Jobs, July 2, 2020 The near 5 million job additions in a single month in June is off-the-chart the best ever by a wide margin.
May 2020 Pending Home Sales June 29, 2020June 29, 2020 blogadmin real estate market May 2020 Pending Home Sales May’s pending home sales pace rose 44.3% last month and fell 5.1% from a year ago. By: Michael Hyman
May 2020 Existing Home Sales June 23, 2020June 23, 2020 blogadmin real estate market May 2020 Existing Home Sales Existing-home sales data showing that housing market activity this May fell 9.7% from April 2020, and dropped 26.6 % from May 2019. By: Michael Hyman