Summary: In this Real Estate News Brief for the week ending May 9th, 2020… an economy in turmoil, words of encouragement from Warren Buffett, and a pick-up in mortgage activity. We begin with economic news from this past week and another round of job losses. The latest weekly report shows an additional 3.2 million unemployment claims for a total of more than 20 million jobs lost in April. That’s brings us to about 33 million jobs lost since the pandemic began. www.NewsForInvestors.com
