Real Estate News | Real Estate Investing | Stock Market Investing | Passive Income | Flipping | 1031 Exchange | Private Lendi

Transcript: In this Real Estate News Brief for the week ending on the 4th of July, 2021... what the U.S. Supreme Court decided about the CDC eviction moratorium, the surprising drop in price for lumber, and a new credit card that helps you get money for the down payment. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Economic News We begin with economic news from this past week. The latest unemployment report shows that fewer people are applying for benefits, probably because the COVID-era benefits are being phased out. The Labor Department says that 364,000 people applied for benefits. That’s 50,000 less than the week before. Initial claims are now below the half million mark. The total number of people collecting benefits from all eight state and federal programs is 14.7 million, which is another pandemic low. (1) There are plenty of job openings for people looking for work. Companies pumped 850,000 new positions into the market in June. That’s the biggest hiring increase in 10 months, acc