By the time this comes out the real estate industry will be working under new guidelines agreed to in the NAR (and REIN) Lawsuit settlements. No more mention of selling agent offers of commission in the MLS and NAR mandated buyer broker agreements … [Read more...]
Jobs Report and the FOMC Statement
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the Jobs Report and the Federal Open Market Committee … [Read more...]
Which States Are Creating Jobs?
The latest data on state employment shows solid one-month job creations in Ohio (+32,100), Texas (+19,500), and Michigan (+18,100). Bad news with one-month job losses in Pennsylvania (-9,200), South Carolina (-7,700), and Florida … [Read more...]
Change in Employment: Q1 2013 vs. Q1 2012
Employment growth has been positive in all but 24 or of the 164 markets tracked by NAR Research over the 4-quarter period ending in March. This trend indicates that 85% of markets experienced an improvement in employment, which is important for the … [Read more...]
Employment Situation in May
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest monthly employment report. While payrolls grew … [Read more...]
Quick Critique of New York Times article “Challenge to Wisdom of Owning Home”
By Lawrence Yun and Ken Fears The New York Times reviewed a new research paper by authors from Dartmouth and the University of Warwick in England that implies a rise in the homeownership rate is bad for the economy because fast rising homeownership … [Read more...]
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