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U.S. Unemployment Hits Pre-Pandemic Levels as Job Growth Surges in July

USA Real Estate News-RISMedia - Fri, 2022-08-05 14:02

And just like that, U.S. unemployment has recovered from its pandemic-induced doldrums. However, the labor market is still tight despite seeing significant job growth in July, according to the latest report from the U.S. Bureau of Labor Statistics (BLS). Based on Friday’s BLS data, employers added 528,000 jobs in July—up from 372,000 in June. This…

The post U.S. Unemployment Hits Pre-Pandemic Levels as Job Growth Surges in July appeared first on RISMedia.

RE/MAX Hits Q2 Targets, But Softens 2022 Guidance

USA Real Estate News-RISMedia - Fri, 2022-08-05 14:01

Real estate mega franchisor RE/MAX posted solid revenue growth for Q2 2022, hitting its targets as the company brought in $92.2 million, but also saw fractional year-over-year loss in its United States agent count—even as it continues to make significant gains internationally. With 1.7% organic growth, net income coming in at $5.8 million and total…

The post RE/MAX Hits Q2 Targets, But Softens 2022 Guidance appeared first on RISMedia.

ERA® Real Estate Grows in Iowa With Affiliation of Graf Real Estate ERA Powered

USA Real Estate News-RISMedia - Fri, 2022-08-05 14:00

ERA® Real Estate announced this week that Graf Home Selling Team & Associates, based in Hiawatha, Iowa, has affiliated with the ERA® brand. According to a release, the firm serves the greater Cedar Rapids, Iowa area, including the cities of Marion and Robins. Now known as Graf Real Estate ERA Powered, the full-service company’s affiliated…

The post ERA® Real Estate Grows in Iowa With Affiliation of Graf Real Estate ERA Powered appeared first on RISMedia.

What’s new in proptech? Inman’s New Kids fearlessly pitch the latest

USA Real Estate News-Inman - Fri, 2022-08-05 14:00
Boldly jumping into a space already occupied by some very savvy players, there has never been a better place to uncover the new and different than the main stage at Inman Connect Las Vegas.

CoStar, Adena Hefets take top Inman Innovator awards at ICLV

USA Real Estate News-Inman - Fri, 2022-08-05 13:45
Out of nearly nearly 600 nominations received from the public, these are the real estate industry innovators that stood out in 2022, according to an announcement at ICLV on Friday.

Opendoor Looks to Weather Market Shift With Price Cuts and Zillow Partnership

USA Real Estate News-RISMedia - Fri, 2022-08-05 13:45

It was an interesting week for Opendoor.  On the heels of being fined by federal regulators, the company has had to juggle a mixed bag of announcements throughout the first week of August, culminating in a shocking partnership and an earnings report underscoring the shifting housing market’s impact on the iBuying giant.  “While we are…

The post Opendoor Looks to Weather Market Shift With Price Cuts and Zillow Partnership appeared first on RISMedia.

‘Consolidation is a natural maturation of this industry’: Baur

USA Real Estate News-Inman - Fri, 2022-08-05 12:46
Jason Gesing, York Baur, Sara Bonert and Greg Robertson gathered on the Inman Connect stage in Las Vegas to work through their issues with industry consolidation in the technology sector.

‘Consolidation is a natural maturation of this industry’: Bauer

USA Real Estate News-Inman - Fri, 2022-08-05 12:46
Jason Gesing, York Baur, Sara Bonert and Greg Robertson gathered on the Inman Connect stage in Las Vegas to work through their issues with industry consolidation in the technology sector.

As proptech stocks get clobbered, investors look to the future

USA Real Estate News-Inman - Fri, 2022-08-05 12:18
Proptech stocks have lost a quarter of their value over the last year. Investors at Inman Connect Las Vegas Chris Gough, Krishna Srinivasan and Paul Hurst, say there is still a lot to like.
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