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Researchers sound the alarm over finances of ‘forgotten middle’ older adults

Housing Wire

In 2020, people of color represented about 12% of the middle-income older adult population in the U.S., The largest shift in composition is among Hispanics, who will comprise nearly 11 percent of the middle-income group in 2035 — nearly a three-fold increase from 2020,” the researchers found.

Finance 392
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Home prices accelerating in areas without mass transit

Housing Wire

to a record $418,100 since January 2020, while it has risen 15.6% With remote work, buyers can prioritize the actual home above its proximity to transportation.” ” The report is based on data that rates locations based on how convenient they are to public transportation.

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Mortgage rates fall as labor market normalizes

Housing Wire

I wrote the COVID-19 recovery model on April 7, 2020, and retired it on Dec. This is the key one for right now : If COVID-19 hadn’t happened, we would have between 157 million and 159 million jobs today, which would have been in line with the job growth rate in February 2020. Today, we are at 157,808,000. percent, the U.S.

Marketing 498
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Job gains exceed expectations in December

Housing Wire

While this is below the job growth in 2021 and 2022, when the economy was rebounding from the sharp job losses in 2020, it is still a much higher pace of job growth than we had before the pandemic,” Bright MLS Chief Economist Lisa Sturtevant said in a statement. With December’s numbers in, a total of 2.7 million jobs were added to the U.S.

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Residential construction jobs slowly return

Housing Wire

unemployment rate recorded in February 2020, just prior to the Covid-19 pandemic. Despite these gains, the construction sector is still 115,000 jobs below its February 2020 level. Transportation and warehousing now had 210,000 more jobs than its pre-pandemic level. While this is a 0.4% Job growth increased 0.5%

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Robert “Bob” Weiler Honored with the C-Suite Lifetime Achievement Award 2020 from Columbus Business First

The Robert Weiler Company

This year, Columbus Business First chose Robert “Bob” Weiler as an honoree for the C-Suite Lifetime Achievement Award 2020! The 2020 awards and honorees are especially significant due to the changing landscape of business worldwide because of the coronavirus pandemic.

Business 148
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December Jobs Report Underwhelming But Unemployment Dropped to 3.9 Percent

Appraisal Buzz

Most of the job gains were in leisure and hospitality, professional and business services, manufacturing, construction, and transportation and warehousing. In February 2020, prior to the coronavirus (COVID-19) pandemic, the unemployment rate was. The number of unemployed persons decreased by 483,000 to 6.3