The U.S. Department of Labor’s Bureau of Labor Statistics today released their preliminary estimate for job growth in May 2013, reporting a gain of 175,000 net new jobs. This contrasts to a now revised April 2013 gain of 149,000 (all on a seasonally-adjusted basis). The… Read more

CNNMoney analyzed the latest U.S. Census Bureau population growth data of the top cities and reported the 10 Big Booming Cities based on total population increase from July 1, 2011 to July 1, 2012. Five of the top-10 growth markets were located in Texas while… Read more

As the U.S. economy and housing markets recover, Americans are once again moving. An excellent proxy of where things are happening are the number of one-way truck rentals. U-Haul tallied 1.6 million one-way rentals in 2012. One-way truck rentals are indicative of people relocating, most… Read more

Where today can you make the best profits when flipping homes? To answer that, RealtyTrac, which offers a wealth of data in housing and mortgage markets, dug deep into housing sales across the country. Rising home prices continue to support flipping, when properties often resell… Read more

Just a few years ago, U.S. housing markets in aggregate were overbuilt, and that was reflected in declining rents, home prices and home sales. What has happened in the interim has been a quicker than anticipated absorption of surplus property, and when viewed in today’s… Read more

Once again I invoke the TINSTAANREM clause — There Is No Such Thing As A National Real Estate Market. Each real estate market is different. Ditto the economy. And proving that clause today is Corpus Christi, Texas. Yesterday I had the opportunity to speak in… Read more

Since 2008, it has a been a trying market for many college graduates to find a job in a location where they could also afford renting a place to live and receive a decent pay check. Forbes has reported a study completed by Rent.com looking… Read more

While there are several definitions of a recession (a period of several months in which economic activity declines), I define a recession as an extended period when the country has job losses. Jobs are everything to the economy. Period. And when it comes to housing,… Read more

It’s all about jobs. Trulia’s Chief Economist Jed Kolko analyzed multiple data sources to arrive at the 10 healthiest residential markets for 2013 in the U.S. Kolko focused on “solid fundamentals,” as reported by MarketWatch which separates these markets from others. Data sources and focus… Read more

The U.S. Census Bureau has just released their annual estimates on population growth from 2011 to 2012 for the U.S. and respective States. And the big winner? North Dakota. Just like the California Gold rush of 1848 and the original oil gusher rush at Spindletop,… Read more