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

Pending home sales rise for first time in 15 months: NAR

The National Association of Realtors’ Pending Homes Sales Index rose 3.8 percent from February to March, breaking a 15-month streak of straight drops. Continue reading

Spring awakening? Homebuyer forecast rosier than first projected

For those expecting a rough homebuying season, there’s reason to remain hopeful. Realtor.com on Tuesday issued a revised forecast projecting a more robust market than originally predicted. Continue reading

Existing-home sales declined in March after rebound in February

Existing-home sales fell 4.9 percent in March to a seasonally adjusted annual rate of 5.21 million, according to data from the National Association of Realtors. Continue reading

Housing stars declined in March

Housing starts fell 0.3 percent between February and March and dropped 14.2 percent year-over-year, according to the latest data from the U.S. Census Bureau and Housing and Urban Development, released Friday. Continue reading

Marijuana-friendly cities see uptick in home values: Study

Homeowners who live in cities where recreational marijuana is legal can breathe a sigh of relief: Home values in those area have grown by $6,337 more than homes in towns where marijuana remains illegal. Continue reading