Low inventory of available housing-supply and demand. Real estate investors (large and small) and corporations are buying up large swaths of available single-family homes and turning them into rental properties.

Are Big Companies Really Buying Up Single-family Homes?
https://todayshomeowner.com/blog/guides/are-big-companies-buying-up-single-family-homes/

A common perception today is that more than ever, large, faceless investment companies are purchasing houses en masse and converting them into rental homes. If true, this would mean that large swaths of U.S. homes are being swallowed up, resulting in a more competitive market, fewer available houses, and inflated home prices.

After months of optimistic facts on our economy but only gloom and doom posted on OPP. I feel it is time for real hard look at facts for a change.. this report on the job market is pretty much a repeat of the last many months..

https://apnews.com/article/jobs-economy-inflation-rates-hiring-federal-reserve-953387b195e6c58703b33ef94dad11b4?user_email=49da43db2f28765be37e4f4e6c3a9edf8898abd4ac6b5dc1d2c8baf9c57ba73c&utm_medium=APNews_Alerts&utm_source=Sailthr

US employers add a solid 199,000 jobs and unemployment falls, signaling a still-sturdy labor market



WASHINGTON (AP) — The nation’s employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing,” in which inflation would return to the Federal Reserve’s 2% target without causing a steep recession.

Friday’s report from the Labor Department showed that the unemployment rate dropped from 3.9% to 3.7%, not far above a five-decade low of 3.4% in April. The unemployment rate has now remained below 4% for 22 straight months, the longest such streak since the late 1960s.

November’s job gain was a reminder that many employers continue to hire, though last month’s increase was inflated by the return of about 40,000 formerly striking auto workers and actors, who were not at work in October but returned in November.

The job market is decelerating in a way that Fed officials have wanted to see. Hiring has averaged just over 200,000 a month in the past three months, down from an average of about 320,000 in the same period last year.

After months of optimistic facts on our economy but only gloom and doom posted on OPP. I feel it is time for real hard look at facts for a change.. this report on the job market is pretty much a repeat of the last many months..

https://apnews.com/article/jobs-economy-inflation-rates-hiring-federal-reserve-953387b195e6c58703b33ef94dad11b4?user_email=49da43db2f28765be37e4f4e6c3a9edf8898abd4ac6b5dc1d2c8baf9c57ba73c&utm_medium=APNews_Alerts&utm_source=Sailthr

US employers add a solid 199,000 jobs and unemployment falls, signaling a still-sturdy labor market



WASHINGTON (AP) — The nation’s employers added a solid 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing,” in which inflation would return to the Federal Reserve’s 2% target without causing a steep recession.

Friday’s report from the Labor Department showed that the unemployment rate dropped from 3.9% to 3.7%, not far above a five-decade low of 3.4% in April. The unemployment rate has now remained below 4% for 22 straight months, the longest such streak since the late 1960s.

November’s job gain was a reminder that many employers continue to hire, though last month’s increase was inflated by the return of about 40,000 formerly striking auto workers and actors, who were not at work in October but returned in November.

The job market is decelerating in a way that Fed officials have wanted to see. Hiring has averaged just over 200,000 a month in the past three months, down from an average of about 320,000 in the same period last year.