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Will the U.S. Economy fall into recession in 2023? Only if the Fed intensifies current tightening policies
Source: University of California --- The U.S. economy has little chance of falling into a recession this year or next unless the Federal Reserve raises interest rates more than they are currently projecting, according to a new forecast released yesterday at the 13th...
The most ‘underreported’ factor influencing housing market, according to Calculated Risk
Source: Deseret News --- Bill McBride, author of the economics blog Calculated Risk, said there’s a key reason why both rent and home price growth is slowing amid the U.S. housing correction playing out today. In a live Twitter Space hosted by Fortune Magazine on...
Mortgage rates are up, sales of homes are down
Source: NPR --- AILSA CHANG, HOST: The U.S. housing market today looks very different from the frenzied market of about a year ago. Sales of existing homes dropped for the seventh month in a row as of September. Builders are breaking ground on fewer new homes now than...
Hackers Target Eager Homebuyers With a Dumb Scam That Keeps Working
Source: Bloomberg --- For weeks, the Secret Service agent had been trying to identify the scammers moving millions of stolen dollars through banks around the New York tri-state area. His quest had begun on a quiet afternoon in May 2020, when the streets of New York...
For Florida Real Estate That Survived Hurricane Ian, A Price Bump Awaits
Source: Forbes --- Even as Hurricane Ian's 155-mile-per-hour winds were leveling southwestern Florida, real estate agent Rick Pitts was selling the dream of waterfront living. As Ian made landfall, Pitts, the owner of Sellstate Excelsior Realty in Cape Coral, told his...
Types of real estate agents
Source: Bankrate --- Whether you’re searching for a new home or hoping to sell the property you’re currently living in, identifying the right type of real estate professional to work with can make a big difference to your success. There are various types of real...
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