The real estate industry added 10,000 jobs in March

The industry saw a healthy increase in jobs in March, following a tougher month of 4,500 job losses. The U.S. as a whole also saw its greatest number of job gains since August. Continue reading

New jobless claims see unexpected rise, surpassing pre-COVID record

Initial jobless claims for the week ending March 27 rose to 719,000, a number that surpassed the pre-coronavirus record, just one week after filings hit a pandemic low. Continue reading

Beyond the headlines: What to expect with rising mortgage rates

Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and predicts how the market will fare. Continue reading

Rents rise in suburban and rural areas, remain flat in urban centers

Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines Continue reading

REColorado teams up with showing management platform BrokerBay

The new partnership will launch in the summer and give members of the major Colorado multiple listing service easy access to tools for setting up home showings. Continue reading

The magic of Disney spurs surge in Orange County Airbnb bookings

Airbnb bookings in the area surrounding Disneyland saw a boost on March 9th when the company hinted it could reopen the resort soon. Then when they made the announcement official on March 17th, bookings soared 73 percent. Continue reading

How much are iBuyers paying for customer acquisition?

Over the past three years, the largest iBuyers — Opendoor, Zillow and Offerpad — have spent over $200 million advertising directly to consumers. That spend peaked in 2019 before slowing during the pandemic. Historically and today, Opendoor appears to b… Continue reading

New home sales hit 9-month low in February

February’s seasonally adjusted annual rate of 775,000 was down 18.2 percent from January’s revised rate of 948,000. Continue reading