Professional Development Archive

Labor Market Indicators Show Sustained Job Growth and Stability

The number of individuals filing initial unemployment insurance claims continued to trend below 300,000 for the 57th consecutive week, the longest streak since 1973 according to the Department of Labor.[1] In the week ended April 2, 267,000 claims were...

REALTORS® Are Generally Optimistic Over the Next Six Months, Based on December 2015-February 2016 Surveys

In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® (NAR) asks members to assess their outlook over the next six months for the single-family homes, townhomes, and condominium markets. NAR compiles the responses into the REALTORS®...

Is California an oil-producing state?

This blog post was written by Managing Director of Housing Research, Danielle Hale, and Research Economist, Scholastica (Gay) Cororaton. California may not be what you think of when you think US oil production, but according to statistics from the...

March Marks Modest TRID Progress

Lenders appear to have stabilized the TRID impact and edged toward improvement, but substantive delays linger. With a busy spring market looming on the horizon, their efforts may pay dividends when higher volumes come. The average time-to-close as measured...

Highlights of January 2016 REALTORS® Confidence Index Survey

Market conditions vary across local markets, but the REALTORS® confidence and traffic indices indicate that overall market activity was unchanged in January 2016 compared to January 2015. Compared to December 2015, market activity slightly improved, according to the January...