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Could Housing Save the Labor Market?

When David Pendery, a corporate public relations specialist, decided to move his family from Colorado to Illinois this year for work, his biggest worry was whether he would be able to sell his home quickly.It took just three days."We certainly thought selling our house would take longer," said Pendery, who started in February at Kerry Ingredients, a flavoring provider for the food and beverage industries.Pendery's experience may be on the extreme side, but his case may be a sign of a revival in one of the historical advantages of the U.S. job market: the ability of workers to go where the jobs are.For much of the past five years, falling house prices effectively locked people in their homes, since many were "underwater" - owing more on their mortgages than they could raise by selling.At the same time, double-digit unemployment across much of the nation meant there were few jobs to move for anyway.That may be changing. While far from their 2006 peak, home prices in major metropolitan ar...

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  1. New vs. Existing: What Kind of Home Should You Buy?

    It's a question that has faced homebuyers for decades: which is better, a new or existing home?And what's right for you comes down to preference.Rewind just a few ye...

  2. Have Home Buyers Missed Out if They Waited?

    Coldwell Banker Real Estate Agent Jane Devine on the outlook for the housing market.

  3. Mortgage Tips for First-Time Homebuyers

    Between all the paperwork, credit checks and required documentation, the mortgage process can be intimidating to first-time buyers—but it doesn't have to be."It's fa...

  4. Realtors Feeling Optimistic in 2013

    Budge Huskey, Coldwell Banker Real Estate CEO, on the firm’s recent survey of realators and the optimism they are showing in the 2013 market.

  5. Three Tips Homesellers Shouldn't Ignore

    It can be hard for homesellers to shed their emotional attachments with their residence, but letting that cloud their judgment and ignore a real estate agent's advic...

  6. Don't Buy that House: Potential Red Flags to Homebuyers

    Just because interest rates are still near record lows and home prices remain attractive, that doesn't mean every home on the market is a good buy.The housing market...

  7. How to Find the Best Real Estate Agent

    Before hiring an attorney, a contractor and even a mortgage broker, homebuyers and sellers  need to find the right real estate agent.Selling or buying a house is lik...

  8. Realogy CEO on the State of the Housing Market

    Realogy CEO Richard Smith on the sustainability of the housing market’s recovery.

  9. Most Affordable Housing Markets in the Country

    Current rock-bottom mortgage interest rates make it a buyer's market in most of the country, but there's more good news for homebuyers: their money will also go furt...

  10. Job Creation Key to Outlook for Commercial Real Estate?

    Coldwell Banker Commercial CEO Billie Redmond on the outlook for the commercial real estate market.

  11. Back to Basics for Real Estate?

    Budge Huskey, Coldwell Banker president and COO, on the current state of the housing recovery, and why he says we are returning to a traditional real estate market.

  12. Moody's sees Sandy hit to casinos, benefit to retailers

    Superstorm Sandy will slash earnings at New Jersey casinos and benefit home repair and discount retailers but have limited impact on other sectors and is unlikely to...

  1. Coldwell Banker CEO on Luxury Real Estate

    Coldwell Banker CEO Budge Huskey weighs in on the state of the luxury housing market.

  2. Five Tips to Profitably Sell Your Home this Spring

    Sell Your Home this SpringIf want to sell your home this spring, prepare for pent-up buyer demand.Spring might be an even livelier home-selling season this year beca...

  3. Millennials Doing Things Their Way: First Comes House, Then Wedding

    Forget waiting until marriage to move in with your partner, millennials are setting their own pace and throwing that tradition out the window (of their newly-purchas...

  4. Rent vs Sell? 4 Questions to Ask to Make the Right Decision

    The recovering housing market has many people looking to move, but current homeowners might be confused on whether it's better to rent or sell their current home.The...

  5. How to be the Most Attractive Homebuyer

    The spring season tends to flood the housing market with buyers, and in markets with low inventory levels, the competition is stiff.As home prices continue to recove...

  6. Tips to Help Sell Your Home

    When it comes to selling your home , appearance is everything. But hiring a professional "stager" to prepare the home for prospective buyers can cost anywhere from $...

  7. Still No Herbalife in 13F ETFs

    Despite all the acrimony and controversy surrounding Herbalife (NYSE:HLF), the stock Pershing Square Capital Founder Bill Ackman is short (and rival Carl Icahn is lo...

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