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Residential construction jobs slowly return

Housing Wire

The construction sector added a total of 31,000 jobs in November, on par with the two prior months. Specialty contractors showed the largest gains with an increase of 13,000 jobs, while persons employed in construction of buildings, and civil and heavy engineering rose by 10,000 and 8,000 jobs, respectively. While this is a 0.4%

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What another strong jobs report means for the mortgage industry

Housing Wire

Job gains were most notable in the health care (+72,000), government (+71,000) and construction (+39,000) sectors. Meanwhile, mining, quarrying, oil and gas extraction, manufacturing, wholesale trade, transportation and warehousing, information, and financial activities posted fewer jobs in March. month over month to $34.69

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Strong jobs report suggests rate cuts won’t come ‘til summer

Housing Wire

Job gains occurred mainly in health care, government, food services, social assistance, transportation and warehousing. In February, employment continued to trend up in construction, adding 23,000 jobs month over month. Job seekers are taking longer to find work, and the number of job switchers has declined.” and were up 4.3%

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May jobs report complicates things for the Fed

Housing Wire

Even though the pace of layoffs has picked up, many businesses, particularly in transportation, healthcare, and hospitality, continue to have strong demand for workers,” Mike Fratantoni , the Mortgage Bankers Association’s chief economist, said in a statement. Residential building construction added 2,400 jobs during the month.

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8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. Pressure is increasingly placed on companies, developers, and governments to increase their efforts to build a more sustainable future. reduction in operating costs in the first year and a 16.9%

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

COVID-19 and subsequent government actions have dumped gasoline on wealth inequality in ways that we don’t fully understand yet. On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. This is creating a “tale of two cities” both locally and nationally.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

Andrew Cuomo's office suggested last week that such a levy might reap $9 billion for the moribund Metropolitan Transportation Authority over the next decade and Assembly Speaker Carl Heastie reiterated his chamber's support proposal at a Crain's breakfast forum days later. Mayor Bill de Blasio gave it his blessing as well.