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Real Estate Workforce Grows Twice as Fast as any Other Sector in February

Employers in the real estate sector expanded their workforces by nearly 1% in February, roughly doubling the national job growth pace. Real estate companies bounced back from a hiring lull in January, adding jobs in February at nearly double the pace of other U.S. employers.  Brokerages and other real-estate service providers hired a seasonally adjustedContinue reading “Real Estate Workforce Grows Twice as Fast as any Other Sector in February”

Millennials and Baby Boomers are Bidding for Homes, and Boomers are Winning

The record-setting housing market has brought anecdotes of frustrated home shoppers being repeatedly outbid and using risky strategies, such as waiving contingencies, to be competitive.  And a new Zillow analysis of the age, sex, race and income of home buyers over a decade reveals Millennials and Baby Boomers — two of the biggest generations inContinue reading “Millennials and Baby Boomers are Bidding for Homes, and Boomers are Winning”

What You Should Know About the Underwriting Process for a Mortgage.

How long does mortgage underwriting take? The mortgage underwriting process can take anywhere from a few days to a few weeks, depending on whether the underwriter needs additional information from the borrower, what demand is like for the lender and how streamlined the lender’s practices are. Keep in mind, however, that underwriting is just oneContinue reading “What You Should Know About the Underwriting Process for a Mortgage.”

How Covid is Effecting Real Estate: Good Deals Vs Good Location

Remember when finding a home close to your office, in a trendy neighborhood, or zoned to a specific school district was a top priority? These days, things are different. In this post-pandemic world, the classic real estate motto of “location, location, location” is no longer what’s driving buyers. Now, it’s all about “deal, deal, deal”Continue reading “How Covid is Effecting Real Estate: Good Deals Vs Good Location”

28% of People Who Moved This Year did so to Avoid Catching Covid

A total of 15.9 million people moved between February and July this year, according to MyMove, a platform that provides information for people who submit a change of address with the United States Postal Service (USPS). As coronavirus wreaked havoc across the nation, people’s reasons for moving no doubt varied. However, by analyzing data from USPS andContinue reading “28% of People Who Moved This Year did so to Avoid Catching Covid”

Housing Shortage Tied to Single-Family Zoning

As housing shortages deepen across the country, single-family zoning is increasingly becoming a prime target of lawmakers who seek to remake neighborhoods by adding density. Over recent years, some local and state governments—like Minneapolis and the state of Oregon—have essentially eliminated single-family zoning to make way for more types of housing in response to middle-classContinue reading “Housing Shortage Tied to Single-Family Zoning”

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