Source: Yahoo Finance — Historically speaking, most U.S. recessions arrive after a period of rate tightening by the Federal Reserve. As the Fed raises interest rates to tame inflation, it begins to cause economic activity to contract. Of course, “Fed-induced...
Source: Reuters — WASHINGTON, Oct 21 (Reuters) – The Federal Reserve, set to approve another large interest rate increase early next month, is shifting to a debate over how much higher it can safely push borrowing costs and how and when to slow the pace...
Source: New York Post— The US housing market remains in “free fall” after a survey showed a “disastrous” decline in homebuilder confidence, a prominent economist warned on Tuesday. Homebuilder confidence plunged for the 10th consecutive month in October,...
Source: Cain’s Cleveland Business — In what he characterizes as his best year as a broker, Newmark managing director David Hollister is surprisingly seeking ways to reduce his workload. Read...
Source: City Sun Times — The market is normalizing. That is the message shared by Phoenix REALTORS, one of the foremost industry experts serving more than 11,000 real estate sales professionals Valleywide, as the organization released the latest market data...
