Housing Wire

DECEMBER 2, 2022

Defying economists’ expectations, job growth remained strong in November. So far this year, monthly job growth has averaged 392,000, down from an average of 562,000 per month in 2021. Residential building lost 2,600 jobs from the month prior. million in March 2022 to 10.3 million persons unemployed.

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Construction Residential Lending Industrial 421

Housing Wire

JANUARY 6, 2023

Despite several rate hikes throughout the second half of 2022, the labor market finished the year strong. million jobs in 2022, compared to 6.7 Many Fed officials have turned their attention from inflation readings to the labor market, concerned that inflation could settle at higher-than-hoped levels as wage growth climbs.

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Marketing Residential Construction MLS 458

Broke Agent Media

FEBRUARY 3, 2023

BAM Key Details: A new Zillow study shows minimum wage earners need three roommates (or four jobs) to afford a typical two-bedroom rental unit. Only in 10 of the 50 largest U.S. metros can two full-time workers earning the minimum wage afford a two-bedroom rental without straining their budgets. On average, it takes 2.5

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Construction Residential Marketing Agents 98

Notorious ROB

JUNE 12, 2022

That brings us to the third horseman of the housing apocalypse: recession on the horizon, or the war against wages and those who depend on paychecks to pay their bills. A recession is two quarters of negative GPD growth (contraction) in a row. But in the meantime, even the modest Fed action has had real results in the real world.

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Investor Banks Bankruptcy Equity 86

Redfin

DECEMBER 29, 2022

The 2022 housing market was nothing short of remarkable. In general, 2022 was a reaction to the dramatic real estate boom in 2021. The year started with a surge in prices and growth across the board before falling alongside record inflation in the fall. San Francisco was the most expensive metro area for homebuyers in 2022 .

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Marketing New Construction Construction Investor 82

Marco Santarelli

JULY 16, 2021

Below is the summary of the monthly housing report for June 2021, released by the Spokane Association of Realtors for single-family residential/site-built properties on less than one acre and condominiums. Spokane Real Estate Market Forecast 2021-2022. until June 2022. over the past 10 years. We can’t build on water.

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Marketing Investor Sales Closing 105

A Student of the Real Estate Game

DECEMBER 28, 2022

As 2022 winds to a close, I’m sure you’re getting inundated with predictions for 2023. While the predictions were directionally correct, real estate is a slow-moving business with trends emerging over decades, not in a single year. Sincerely, The Real Estate Industry — Sean Sweeney (@seandsweeney) December 1, 2022.

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Construction Development Technology Industrial 49