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November 25, 2014

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Fewer Claims for Unemployment Insurance in August Portend Lower Unemployment Rate

Fewer Claims for Unemployment Insurance in August Portend Lower Unemployment Rate

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses unemployment insurance claims. Initial claims for unemployment insurance dropped in the last week of August to 323,000 claims, the lowest number of claims filed since the economy fell under [...]

What are retirement equity release mortgages?

For many people the home is the most valuable asset they have. However, accessing the equity can be very difficult unless you sell your home. Equity release mortgages, sometimes called reverse mortgages, are mortgages that allow you to access the equity in your home without selling it. It works similar to a home equity loan […]

Third Quarter GDP: Production Boom, but Uneven Growth

There has been a boom in total production in the U.S. as the third quarter GDP grew at a 3.9 percent annualized rate.  This growth is on top of the 4.6 percent expansion in the second quarter.  Such a boom, if it can be sustained, could yield fast job gains and higher wages. Unfortunately, GDP […]

How Staging Is Key to Tackle the Emerging Generational Gap

How Staging Is Key to Tackle the Emerging Generational Gap

By Patti Stern, Principal, PJ & Company Staging and Interior Decorating Every one is starting to make predictions already for the 2015 housing market. One of our own predictions: 2015 will continue to be a buyer’s market, particularly in certain areas where homes are older. While low inventory has plagued the market for years, a broader […]