Tag Archives: Jobs

Strong December jobs report pushes mortgage rates higher

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Investors who fund most home loans are now convinced that the Federal Reserve won’t cut rates again until June after employers add 256,000 jobs in December. Continue reading →

Latest jobs, GDP reports point to November Federal Reserve rate cut

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Relief would be good news for would-be homebuyers, although purchase loan applications are still up 10 percent from a year ago as mortgage rates hit highest levels since July. Continue reading →

What down market? Payrolls are just fine in the brokerage world

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Home transactions may be down, but you wouldn’t know it from most brokerage payrolls. Real estate hiring churned along in July, according to new data from the U.S. Bureau of Labor Statistics. Continue reading →

Real estate payrolls end on a strong note to close out a volatile year

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Brokers, agents and homebuilders tallied a solid hiring month amid the holiday season even as the downturn in real estate transactions continued, according to the U.S. Bureau of Labor Statistics. Continue reading →

Homebuilders avoid mass layoffs as brokerages post big hiring month

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Sales of new homes have suffered, but plenty of projects remain active. Homebuilders have yet to make steep cuts to their payrolls, according to the U.S. Bureau of Labor Statistics on Friday. Continue reading →

How COVID made agents rethink retirement, workload and more

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Many real estate professionals say the pandemic made them reconsider things like when they want to retire and work-life balance, while others say the last year has just made them want to double down on work. Continue reading →