Construction jobs gap is holding back housing starts: NAR study

Construction jobs remain below pre-recession levels — and the employment gap is dragging down housing starts, according to a new study from the National Association of Realtors. Continue reading

263,000 US jobs added in April — including 80K in real estate

The economy surpassed all expectations in April with employment across the country bolstered by 263,000 new jobs, including tens of thousands in the real estate industry, according to the U.S. Bureau of Labor Statistics. Continue reading

Feds want looser data reporting regulations for smaller lenders

Federal regulators on Thursday proposed loosening the data reporting requirements that smaller lenders face when making certain types of home loans. Continue reading

The Seychelles is auctioning-off this lavish NY mansion

“Whoever buys the house will need to finish everything — the kitchen, the bathrooms, everything needs to be redone,” Misha Haghani, the Paramount Realty USA broker overseeing the auction, told Inman. “This is mostly a positive because buyers at this pr… Continue reading

Spanish language clients? This new free glossary should help

The free, 94-page e-book includes includes English-Spanish and Español-Inglés translations for common terms such as appraisal report (informe de tasación), buyer’s agent (agente del comprador), and closing costs (costos de cierre). In addition to techn… Continue reading