by Aidan Whalen | Aug 3, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing recession” to describe the swift, sharp decline in real estate markets all over the country, as the Federal Reserve raised rates and...
by Aidan Whalen | Jul 12, 2023 | Industry News, Latest News, Lead Story, National, News, Premier |
The downward trajectory of U.S. inflation has held firm as the latest Consumer Price Index (CPI) released this morning provided further evidence that the Federal Reserve’s efforts to get the economy back on track are working. The U.S. Bureau of Labor...
by Liz Ruggiero | Jul 6, 2023 | Industry News, Latest News, National, News, Premier |
While the Federal Reserve delivered a reprieve from its interest rate hike campaign last month, the decision didn’t come lightly, as minutes from the most recent Fed meeting suggest that policymakers were divided on whether or not to continue raising rates. While Fed...
by Liz Ruggiero | Jun 22, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
After turbulence in the banking sector and an overall shaky first half of 2023 characterized by high mortgage rates and low inventory, realtor.com® is significantly downgrading its forecasts for the housing market in 2023, predicting that sales will fall to the lowest...
by Aidan Whalen | Jun 14, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
It’s been a long time coming, but folks—and the economy—can take a cautious sigh of relief as the Federal Reserve has snapped the interest-rate hiking streak it’s been on for more than a year. In arguably the most anticipated announcement since embarking...