National News

Construction employment up in latest jobs report, though still below pre-pandemic levels

The U.S. economy has recovered approximately half of the 22 million jobs lost during the height of the pandemic, according to the Labor Department.

NAR helps secure federal funds for transportation, flooding

It was a hard-fought effort to procure federal funds in the middle of a recession, but NAR announced that the president is poised to sign a bill that provides money for road projects and flooding.

Ansley Atlanta partner @properties rolls out national franchise program

The Chicago-based brokerage is taking it to the next level by going national.

Who’s doing better in home sales, liberals or conservatives?

A new report by Redfin shows counties of both political stripes are benefitting from a booming real estate market. See how the numbers break down.

Civil rights group sues to halt CDC eviction moratorium

The lawsuit also argues that the feds are commandeering state courts and officers to implement an unconstitutional federal law.

NAR to White House: What about the landlords?

National Association of Realtors President Vince Malta met with White House officials yesterday to press for emergency rental assistance to go directly to landlords whose tenants cannot pay their rent.

Mortgage applications down slightly as some consumers wait for another rate drop

A new report from the Mortgage Bankers Association shows a slight drop in mortgage application volume amid expectations of further mortgage rate reductions.

New report highlights down payment programs to assist first-time buyers

More than 2,000 down payment and closing cost assistance programs are available to help eligible buyers, according to the latest 2020 Homeownership Program Index.

CoreLogic: Foreclosures could double by 2022

Serious delinquencies are expected to rise — particularly among lower-income households, small business owners and for those working in sectors hard hit by the pandemic.

Unemployment down in August, but long-term damage continues

The U.S. economy added 1.4 million new jobs in August, but one economist warns that permanent job losses are a bigger problem.

Gender pay gap in commercial real estate grows to ‘staggering’ levels

This year’s release of the CREW Network’s benchmark study shows some backsliding in the industry, though there were a few bright spots as well.

CDC imposes eviction moratorium through 2020

Real estate industry associations oppose the decision and are calling on Congress to provide rental assistance to housing providers.

Builder confidence reaches record high in August

The National Association of Home Builders/Wells Fargo Housing Market Index is looking good, but could lumber prices stall the growth?

NAHB to President Trump: Skyrocketing lumber prices threaten the economy

With lumber prices through the roof, the NAHB is asking the federal government to step in and help.

Unemployment drops again, but long road to recovery remains

Nearly two million jobs were restored in July, as the economy struggles to return to pre-pandemic levels.

Foreign homebuying drops 5%

Foreign investors have taken pause when it comes to buying U.S. residential real estate, but better opportunities may be around the corner, according to the National Association of Realtors.

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