The job market held steady in December, with growth in payrolls of 216,000 and the unemployment rate unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday.
Tag: First American
First American’s Mark Fleming: The Housing Market Outlook is Not Too Hot, Not Too Cold, But Not Quite Right Either
If the 2020-2021 housing market was ‘too hot,’ then the 2023 market was probably ‘too cold,’ but 2024 won’t yet be ‘just right.’
New Home Sales Dip From September
New single‐family home sales fell 5.6% in October to a seasonally adjusted annual rate of 679,000, the Census Bureau reported Monday.
October Housing Starts Exceed Expectations
Housing starts rose in October to a seasonally adjusted annual rate of 1.37 million, exceeding the consensus expectation of 1.35 million.
Pending Home Sales Tumble
Pending home sales slid 7.1% in August, the National Association of Realtors reported Thursday.
Pending Home Sales Tumble
Pending home sales slid 7.1% in August, the National Association of Realtors reported Thursday.
First American’s Paul Hurst: Assessing Real Estate Innovation in a Rising Mortgage Rate Era
Paul Hurst, Chief Innovation Officer with First American, Santa Ana, Calif., shared his thoughts on proptech funding and the state of innovation in the real estate economy.
First American’s Paul Hurst: Assessing Real Estate Innovation in a Rising Mortgage Rate Era
Paul Hurst, Chief Innovation Officer with First American, Santa Ana, Calif., shared his thoughts on proptech funding and the state of innovation in the real estate economy.
First American’s Paul Hurst: Assessing Real Estate Innovation in a Rising Mortgage Rate Era
Paul Hurst, Chief Innovation Officer with First American, Santa Ana, Calif., shared his thoughts on proptech funding and the state of innovation in the real estate economy.
First American: What Happens to Cap Rates if…
Multifamily capitalization rates have now increased for three consecutive quarters, the first time since the Great Financial Crisis. This is a sign that investors are requiring higher yields today in order to purchase a property.