Quick Takes: Companies added 216,000 jobs in February

Positive job news
Bloomberg reports that in a sign of a strengthening job market, U.S companies added 216,000 jobs in February, an increase from the month before, according to a report from ADP Employer Services.

Housing help for military and homeowners with FHA loans
President Obama outlined two housing initiatives this week. One would lower refinancing fees for homeowners who have a mortgage backed by the Federal Housing Administration (FHA). The second requires banks to review the foreclosures of members of the military or veterans and provide compensation if mistakes were made, the Washington Post reports.

Apartment buildings losing appeal with investors
The Wall Street Journal reports that the appeal for apartment buildings is waning for some investors and developers.

 

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About Stephanie Sievers

Stephanie Sievers is Associate Editor for the Illinois Association of REALTORS®. She serves as Associate Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.