JOB MARKET SLOWED IN NOVEMBER

JOB MARKET SLOWED IN NOVEMBER

… after a big jobs gain in October.   • While the total employment increased by 155,000 • The unemployment rate remained unchanged at 3.7%.   In an area with great need, the residential construction field, employment increased by almost 8-thousand last month.   The...
CALIFORNIA APPROVES 2020 SOLAR PANEL MANDATE

CALIFORNIA APPROVES 2020 SOLAR PANEL MANDATE

“It’s officially official,” the California Building Standards Commission has voted to require solar panels on new residential homes. The mandate starts in 2020.   California is now the first state in the country to adopt the clean energy requirement.   Beginning Jan....
HOUSING STOCK KEEPS FALLING SHORT

HOUSING STOCK KEEPS FALLING SHORT

… That’s according to new research released last week from Freddie Mac.   Freddie Mac says supply will continue to fall short of demand, and home prices and rents are likely to outpace the national income.   Housing supply has been a major challenge facing the housing...
WEST LEADS JOB GAINS FOR OCTOBER

WEST LEADS JOB GAINS FOR OCTOBER

WEST LEADS IN JOB GAINS IN OCTOBER https://eyeonhousing.org/2018/11/west-leads-in-job-gains-in-october   Employment continued to climb “up” in October compared to the same month a year ago. During this time, total non-farm employment in the Western region increased by...
EXISTING HOME SALES RISE IN OCTOBER

EXISTING HOME SALES RISE IN OCTOBER

That’s after six straight months of decreases.   https://www.housingwire.com/articles/47461-nar-existing-home-sales-see-first-increase-in-6-months   While they are up nearly one-and-a-half percent from 2017. In addition, Sales are now down 5% from a year ago.  ...
DIY can save cash, but with risk

DIY can save cash, but with risk

Consumers have DIY-ed some 113 million home improvement projects in recent years, according to Census Bureau data. Going the do-it-yourself route on your next home repair could cut costs substantially. Are you a handy person?   Younger homeowners were more likely to...