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When to expect the housing market downturn to conclude, according to Wells Fargo

When to expect the housing market downturn to conclude, according to Wells Fargo

by Third Party | Oct 23, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools

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...
Fed’s rate debate shifts to how, and when, to slow down

Fed’s rate debate shifts to how, and when, to slow down

by Third Party | Oct 22, 2022 | Mortgage Information, Real Estate News

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...
US housing market in ‘free fall’ as builder confidence suffers ‘disastrous’ drop: economist

US housing market in ‘free fall’ as builder confidence suffers ‘disastrous’ drop: economist

by Third Party | Oct 22, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

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,...
Broker tackles a traditional taboo — disclosing an illness — in commercial real estate

Broker tackles a traditional taboo — disclosing an illness — in commercial real estate

by Third Party | Oct 22, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

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...
September data shows local real estate market ‘normalizing,’ according to Phoenix REALTORS

September data shows local real estate market ‘normalizing,’ according to Phoenix REALTORS

by Third Party | Oct 22, 2022 | Uncategorized

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...
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