Real estate jobs hold strong even as sales slip, summer ends

Real estate hiring bucked seasonal expectations for September, reflecting steady payrolls despite a weakening sales environment, according to new data from the U.S. Bureau of Labor Statistics. Continue reading

This is not a drill: A new, unfriendly housing market is already here

The housing market is the last sneaker to drop in the sagging economy. Real estate was in a lucky place during the pandemic, but in the last few months, it has gone over to the dark side. Continue reading

Does remote work spell doom for Florida’s housing market? The Real Word

Byron Lazine and Nicole White discuss mortgage fraud, rising home prices in the Sunshine State, and news from Left, Right and Center. Find out what they have to say about these hot topics, and watch this week’s The Real Word. Continue reading

Goldman Sachs predicts 2024 recovery: The Real Word

Byron Lazine and Nicole White discuss the Goldman Sachs prediction on falling home sales, the return of the 40-year fixed mortgage, California blackout risks, and Apple’s iPhone 14 event. Find out what they have to say about these hot topics, and watch… Continue reading

Is the summer rush obscuring a deeper housing slowdown?

The seasonal summer boom in the housing market has gone head-to-head with dramatically cooling market conditions. The latest data reflects the market appears to be “losing steam.” Continue reading

Following 6-month slowdown, the home-sale boom may finally be over

Home sales were down 19 percent year over year in July, a sign the pandemic-era boom in housing demand may be in the rearview mirror, according to new data released Monday by Redfin. Continue reading

When will buyers quit canceling contracts? Not yet, apparently

More buyers have been backing out of deals than at any time since the early weeks of the pandemic. And in July, that share ticked up again, according to a new report from Redfin. Continue reading

New home starts fall sharply: ‘The whole housing sector is in retreat’

The number of new construction projects for single family homes dropped by 10 percent in July, the steepest decline of the year, according to the U.S. Department of Housing and Urban Development. Continue reading