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‘Gray tsunami’ comes to South Carolina, testing local resources

Housing Wire

The state of South Carolina is experiencing an influx of retired baby boomers , which could test the capacity of its infrastructure in areas such as health care and transportation services, as well as resources for dealing with isolation and the job market, according to reporting by Charleston-based newspaper The Post and Courier.

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Residential construction jobs slowly return

Housing Wire

With housing inventory reaching a new all-time low the week ending November 28, according to a Redfin report , an increase in new homes, would clearly be welcome. The lion’s share of the month’s employment growth came in the professional and business services (90,000 jobs), and transportation and warehousing (50,000 jobs), sectors.

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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. “While unemployment is still low, the leverage held by workers is weakening,” Bright MLS chief economist Lisa Sturtevant said in a statement. Home sales recorded the lowest activity in 2023 in nearly 30 years.

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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

Mortgage 352
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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. in April, with the total number of unemployed persons rising to 6.1

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An inside look at the latest trends in housing regulation and policy, featuring the 2022 Vanguard Honoree, Armando Falcon

Housing Wire

Home prices have never been higher, pent-up demand stronger and housing inventory tighter. This was an important milestone in digitizing government lending, which was roughly a $757 billion market. HW: Falcon Capital regularly works with government agencies in program management and regulation strategy.

Lending 392
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5 Ways Transportation Teams Win With GoFormz

GoForrmz

Digital forms and solutions are critical for modern transportation teams Transportation is a tough job, and the industry is approaching its toughest week of the year: International Roadcheck. Is your transportation team ready? Don't let inspection forms, checklists, or inventory slow you down during this busy week.