Odeta Kushi, the deputy first economist at First American, doesn’t believe the COVID-19 crisis will lead to a massive spike in foreclosures. Source: Inman News
Posts published in “unemployment”
It’s the lowest level of new jobless claims since the pandemic began spreading across the United States, but still far ahead of pre-COVID-19 norms. Source:…
To stay in front of the chaos, real estate investors need to know where the rental market really stands. Here’s what you need to know…
New initial unemployment claims topped 1 million for the 15th straight week. Source: Inman News
Brown Harris Stevens CEO Bess Freedman called for compromise in the face of an impending wave of evictions as CARES Act benefits are set to…
Claims have been decreasing for 15 weeks, from mid-Pandemic highs — when new unemployment claims topped 6 million — but remain ahead of pre-pandemic numbers. …
Of the 32 percent of Americans who didn’t make a full housing payment, 19 percent made no payment at all while 13 percent paid a…
The real estate sector — not including rental and leasing — added more than 18,000 jobs in June, according to the U.S. Department of Labor. …
In our multipart series on the U.S. housing market this summer, Inman’s Jim Dalrymple reports that the market has been resilient amid the coronavirus crisis. …
The expectation among forecasters was unemployment could climb as high as 20 percent, but data released Friday showed it actually dropped to 13.3 percent. Source:…