Do you work for one of the leading brokerages in the country or live in one of the most accommodating states for working moms? Learn this and more in our weekly news roundup:
- Every year, REAL Trends, a leading source for industry analysis and information, publishes its 500 lists, which rank the country’s top residential brokerages by transaction sides and total sales volume. Did your residential brokerages make the REAL Trends 500? Find out here.
- A recent study from WalletHub identified the states that are most accommodating to working moms. The study looked at cost, quality and availability of child care; the professional environment as it pertains to women (i.e. gender pay gap, ratio of female to male executives, median salary, female unemployment rate, etc.); and average afforded work-life balance, which weighed policies on parental leave, as well as the length of the average work week and commute.
- RealtyTrac recently reported that 1.4 million loans were originated on U.S. residential properties in the first quarter of 2016 in its Q1 2016 U.S. Residential Property Loan Origination Report. Daren Blomquist, the senior vice president at RealtyTrac, commented on the 12 percent nationwide decline, “After a surprisingly strong 2015, the mortgage refinancing market started running out of steam in the first quarter of 2016, despite lower mortgage interest rates.” Learn more about RealtyTrac’s recent report here.
- According to a new analysis from Zillow, more Millennials now live with their parents than at anytime in the last decade, as wages for Millennials have fallen across all industries since 2007, home prices have risen, student debt has skyrocketed and savings rates have plunged. Find out what percentage of your city’s Millennials have moved back in with their parents here.