At the national level, housing affordability improved in March 2020 compared to a year ago but fell compared to February, and median home prices rose 8.0 % in March from one year ago.
Millions of small businesses were able to benefit from the Paycheck Protection Program (PPP) and rehire their furloughed employees.
The Paycheck Protection Program (PPP) is a program funded under the $2.2 trillion CARES Act to provide a direct incentive for small businesses to keep their workers on the payroll.
NAR reported on the growth of sustainability efforts in the real estate industry. This post highlights REALTOR® feedback on sustainable issues.
Gen Xers, buyers (aged 40 to 54 years), remain the second-largest share of home buyers by generation at 23% of all homebuyers in 2019.
The joblessness rate is certain to be higher next month, but soon afterward it will steadily fall.
While jobless claims surged at unprecedented levels in March due to the Coronavirus outbreak, unemployment is continuously slowing in April in 26 states across the country.
Older Boomers, aged 65 to 73 years, made up 15% of all homebuyers in 2019. This group had the third-largest share of single female buyers at 22%.
Real estate has been, and remains, the foundation of wealth building for the middle class and a critical link in the flow of goods, services, and income for millions of Americans.
This post takes a deeper look at unemployment insurance claims and provides some additional insights into the labor market for each state.
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