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

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

There’s a ‘magic number’ that moves homes. Will we ever hit it?

Homebuyers have been holding out for a 5.5 percent rate, Maegan Sherlock told Intel. It may take a while for them to adjust their expectations. Continue reading

Kendall Bonner: The industry isn’t ready for reality of commission suit

Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they’ll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel. Continue reading

Builders are back on track. Here’s what that means for real estate

It wasn’t easy, but builders survived the market downturn without mass layoffs. And they’ve clawed their way back near normal sales levels. Continue reading

Hiring in real estate ramps up — but lags behind other industries: Labor

May was a strong hiring month for the U.S. as a whole. But in a down market, real estate didn’t quite keep pace, according to new jobs data released Friday by the Bureau of Labor Statistics. Continue reading

New-home construction creeps upward from lower perch in March

Builders pushed forward with more new single-family projects for the second month in a row, but remained far less active than last year, according to data released Tuesday by the U.S. Census Bureau. Continue reading

Welcome Homes CEO Alec Hartman on this moment’s parallels with 1981

The CEO of construction tech startup Welcome Homes thinks builders will have to take risks to prevent a massive affordability crisis, the likes of which haven’t been seen since the early 1980s. Continue reading

Builders still on bumpy ride, but demand may have bottomed out

New-home starts took a hit in January but remain higher than they were in November. And builders see a path forward to stronger sales, according to a new report from the U.S. Census Bureau. Continue reading

Builders are pulling their hair out. Why do investors still love them?

To get a clearer picture of where things stand for builders — and where they’re headed for investors — Inman compiled financial results from the nation’s five largest publicly traded homebuilders. Continue reading

Mass rounds of real estate layoffs still the exception, not the norm

Despite big rounds of layoffs by companies like Compass and Anywhere, payrolls throughout the real estate industry held firm in January, according to a report released Friday by the U.S. Bureau of Labor Statistics.  Continue reading