Housing Recession ‘Essentially Over,’ Says NAR Economist
Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing ...
Tag: Federal Reserve
Fed Provides Little Clarity After Raising Rates to 22-Year High
An unsurprising 25-basis-point rate hike announced by the Federal Reserve today–something that real estate economists urged against–is placing the housing ...
U.S. Inflation Falls to 3% in June Ahead of Critical Fed Decision
The downward trajectory of U.S. inflation has held firm as the latest Consumer Price Index (CPI) released this morning provided ...
Some Fed Officials Were Willing to Raise Rates in June
While the Federal Reserve delivered a reprieve from its interest rate hike campaign last month, the decision didn’t come lightly, ...
Consumer Spending Sees Slight Increase in May
The latest personal consumption expenditure (PCE) index—the Fed's preferred inflation measurement—shows personal spending grew by 0.1% in May, marking the ...
New Report Predicts Lower-Than-Expected Home Sales
After turbulence in the banking sector and an overall shaky first half of 2023 characterized by high mortgage rates and ...
Fed Pauses Rate Hikes Amid Cooling Inflation, With Further Increases Likely
It's been a long time coming, but folks—and the economy—can take a cautious sigh of relief as the Federal Reserve ...
Inflation Dips to New Low Ahead of Key Fed Decision
The latest Consumer Price Index (CPI) released this morning showed inflation hitting its lowest level in over two years at ...
Big Job Gains Fuel Optimism, but Could Confound Fed
The broader labor market continues to defy every headwind, shrugging off rate hikes and weakness in a few prominent sectors ...
Mortgage Mix: Debt-Ceiling Uncertainty Influences Mortgage Market
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Why Virtual Staging by AI Is Transforming the Home-Staging Industry
Virtual staging is the art of digitally furnishing an empty home to give buyers a better sense of what the space could look like. Read more.
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