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Fed seen sticking to interest rate hikes even as unemployment rises
Source: Reuters --- The Federal Reserve is seen sticking to sharp interest rate hikes in coming months to cool inflation, but rising U.S. unemployment and a slowdown in wage growth has traders betting that borrowing costs next year may not end up quite as high as...
3 NY real estate brokerages to pay $115K settlement over claims of illegal housing discrimination
Source: ABC 7 --- LONG ISLAND (WABC) -- Three Long Island real estate brokerages have agreed to pay a $115,000 settlement over claims of illegal housing discrimination, New York Attorney General Letitia James and Governor Kathy Hochul announced Tuesday. The agents...
Commercial Real Estate Hall of Fame: Next Realty’s Eteri Zaslavsky
Source: RE Journals --- Each year, Midwest Real Estate News elects a new class to its Commercial Real Estate Hall of Fame. Here’s a look at one of our new inductees, Eteri Zaslavsky, managing director of Next Realty in Skokie, Illinois. Eteri Zaslavsky, managing...
Brixmor Property Group To Present At BofA Securities 2022 Global Real Estate Conference
Source: PR Newswire --- NEW YORK, Aug. 30, 2022 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) today announced that the Company will present at the BofA Securities 2022 Global Real Estate Conference on Wednesday, September 14, 2022 from 11:05 AM ET to 11:40...
Today’s Jumbo Mortgage Rates
Source: Motley Fool --- If you're looking to buy a home, you'll often hear that it's best to keep your housing costs on the low side so you don't risk overextending yourself. But in some markets, that's just not possible. If you're looking to buy a home in an...
White House Gives Fed Some Cover on Rates After Warren Critique
Source: Bloomberg --- The White House is giving the Federal Reserve leeway to raise interest rates to tame inflation, a day after Democratic Senator Elizabeth Warren warned the central bank’s actions could tip the US economy into a recession. “We don’t want to step on...
How To Get Clients In Real Estate (2022 Guide)
Source: Forbes Advisor --- When you’re new to the game, learning how to get clients in real estate can be tough. Luckily, even if you’re starting from square one, it’s entirely possible to build a thriving client base if you have enough perseverance. We’ve compiled a...
Retirement Savings vs. Real Estate Investing: Which Can Get You Richer Right Now?
Source: Yahoo --- The largest classes of investment for most Americans are retirement funds and real estate. Most Americans have some form of retirement savings, typically held in tax-advantaged retirement account like a 401(k). At the same time,...
Reverse mortgages: Pros and cons explained
Source: CBS News --- Are you looking for ways to increase your cash flow in retirement? If you own your home (or most of it), a reverse mortgage may be able to help. It can eliminate your existing mortgage payment and generate a regular source of income. However,...
Everyone pays the cost as the rich keep spending
Source: Financial Times --- Inflation isn’t new, but price rises can still shock. I recently holidayed in the Hamptons, a tony beach area outside New York, where I was stunned to pay $800 for a single shopping cart of groceries. This wasn’t at some foodie emporium,...
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