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  • Real-Estate Agents Face a Reckoning As Housing Market, Home Sales Slow
    Real Estate News

    Real-Estate Agents Face a Reckoning As Housing Market, Home Sales Slow

    April 20, 2023 /

    When Chrystina Arnold shut her to start with sale as a true-estate agent in December, she hoped it would supply a springboard to much more specials and the commence of a promising profession. But almost 4 months later on, Arnold is nevertheless seeking to near a next sale. Arnold, who life in Port Huron, Michigan, paid $89 in October 2021 for a self-paced online study course to become a true-estate agent. But by the time she obtained her license, in June, the regular property finance loan amount experienced approximately doubled, major to a dramatic slowdown in obtaining exercise. That drop-off has built the earlier calendar year a wrestle, Arnold advised…

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    Francis McGee Comments Off on Real-Estate Agents Face a Reckoning As Housing Market, Home Sales Slow

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    These States Are Most at Risk for Falling Home Prices

    These States Are Most at Risk for Falling Home Prices

    March 10, 2023
    Rising interest rates are having a mixed impact on real estate and construction in Vermont

    Rising interest rates are having a mixed impact on real estate and construction in Vermont

    November 30, 2022
    WA housing advocates, Realtors clash over proposed real estate tax hikes

    WA housing advocates, Realtors clash over proposed real estate tax hikes

    April 11, 2023
  • Celebrity real estate agent says LA market taking ‘slow’ turn as mansion tax goes into effect
    Real Estate News

    Celebrity real estate agent says LA market taking ‘slow’ turn as mansion tax goes into effect

    April 6, 2023 /

    The Company CEO Mauricio Umansky describes what the Los Angeles mansion tax will do to the California housing sector on ‘The Base Line.’ Immediately after “extraordinary” consumer and vendor frenzies through the thirty day period of March, a person of the greatest names in Los Angeles genuine estate has warned the sector has by now taken a transform for the worst in the early times of L.A.’s “mansion tax.” “About the very last month, two months, we’ve been looking at a big rush to consider to get men and women to offer. We essentially had an extraordinary March, a ton of high-conclude households bought in March. And correct now, the…

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    Francis McGee Comments Off on Celebrity real estate agent says LA market taking ‘slow’ turn as mansion tax goes into effect

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    Realtors look for upside of Austin real estate market ‘bust’

    Realtors look for upside of Austin real estate market ‘bust’

    February 13, 2023
    Tech layoffs slow Bay Area housing market as home prices fall

    Tech layoffs slow Bay Area housing market as home prices fall

    November 19, 2022
    Harsh warning on US real estate market issued: ‘America needs more housing’

    Harsh warning on US real estate market issued: ‘America needs more housing’

    January 8, 2023
  • Fed’s Powell says SVB collapse may slow the economy through tighter credit
    Economy News

    Fed’s Powell says SVB collapse may slow the economy through tighter credit

    March 23, 2023 /

    Federal Reserve Board Chair Jerome Powell speaks through a news conference at the Federal Reserve in Washington, DC, on March 22, 2023. Olivier Douliery | AFP | Getty Pictures Federal Reserve Chair Jerome Powell reported Wednesday that the U.S. banking sector is powerful but that the current failure of some regional financial institutions could cause ripple effects that gradual down the financial state. At a press meeting right after the most recent Federal Open Marketplaces Committee meeting, Powell described the banking technique as “audio and resilient” but said the central bank was monitoring a improve in the availability of credit score for customers and organizations. “Monetary problems appear to have…

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    New BOJ chief Ueda sticks to upbeat view on wages, global economy

    New BOJ chief Ueda sticks to upbeat view on wages, global economy

    April 14, 2023
    Economy flights from Moscow to Dubai hitting $5,000 as Russians flee

    Economy flights from Moscow to Dubai hitting $5,000 as Russians flee

    September 28, 2022
    Consumers Express a Little More Optimism About the Economy | Economy

    Consumers Express a Little More Optimism About the Economy | Economy

    March 29, 2023
  • IMF managing director says U.S. economy will slow, but could avoid recession
    Economy News

    IMF managing director says U.S. economy will slow, but could avoid recession

    February 6, 2023 /

    International Monetary Fund managing director Kristalina Georgieva says the U.S. economic system will sluggish this year, but a soft landing is doable.  “The U.S. economic system is also going to slow down this year. But, at the very least based mostly on the details we have right now, we assume U.S. would be ready to go by the yr narrowly averting slipping into recession,” Georgieva informed Lesley Stahl on 60 Minutes. “That implies a possibility for a delicate landing for the United States.” And what about U.S. work? “Our expectation in direction of the end of yr is to see somewhat weaker labor markets,” Georgieva reported. “But let’s be pretty…

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    Fed’s Beige Book Makes for Boring Reading as Economy Shows Little Change With Labor Market and Inflation Improving a Tad | Economy

    Fed’s Beige Book Makes for Boring Reading as Economy Shows Little Change With Labor Market and Inflation Improving a Tad | Economy

    April 20, 2023
    All this good economic news might actually be bad news for average Americans

    All this good economic news might actually be bad news for average Americans

    March 17, 2023
    Earnings Reports, Layoffs Reflect Slowing Economy as 4Q GDP and Inflation Data Loom | Economy

    Earnings Reports, Layoffs Reflect Slowing Economy as 4Q GDP and Inflation Data Loom | Economy

    January 26, 2023
  • Global economy going into recession, 2023 growth to slow
    Economy News

    Global economy going into recession, 2023 growth to slow

    January 13, 2023 /

    The World Bank slashed its global growth forecasts from projections it made in mid-2022 on the back of what it sees as broadly worsening economic conditions. The international development institution downgraded almost all of its forecasts for advanced economies in the world, cutting its growth outlook for the global economy to 1.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} for 2023, it said in its latest report, Global Economic Prospects. The organization earlier projected the world economy to expand by 3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in 2023. related investing news The adjustment was led by a significant downgrade to its prospects for the U.S. economy — it now forecasts 0.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} growth from an earlier projection of 2.4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The World Bank cut…

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    December Jobs Report Offers Good News: Easing Wage Pressures, Healthy Economy

    December Jobs Report Offers Good News: Easing Wage Pressures, Healthy Economy

    January 7, 2023
    Economy flights from Moscow to Dubai hitting $5,000 as Russians flee

    Economy flights from Moscow to Dubai hitting $5,000 as Russians flee

    September 28, 2022
    Inflation cooling is good economic news. It might not feel like it

    Inflation cooling is good economic news. It might not feel like it

    December 17, 2022
  • Why the U.S. economy will avoid a recession, but freight will slow in 2023
    Economy News

    Why the U.S. economy will avoid a recession, but freight will slow in 2023

    December 14, 2022 /

    The total U.S. financial system may well not be as certain for a recession in 2023 as the mainstream media has warned a lot of this 12 months. But the freight overall economy could have to start out the new year functioning its way out of a hole. If you watch cable news, you are going to see and listen to a great deal economic negativity likely into 2023. But FTR Transportation Intelligence analysts are not as bitter on the future as the talking heads filling up space on your Tv. “We get questioned a large amount about why aren’t we more detrimental than we are,” Todd Tranausky, FTR’s VP…

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    Francis McGee Comments Off on Why the U.S. economy will avoid a recession, but freight will slow in 2023

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    The job market is cooling, hit by higher rates and a slower economy : NPR

    The job market is cooling, hit by higher rates and a slower economy : NPR

    April 8, 2023
    New Berkeley center to explore critical issues at intersection of politics, economy

    New Berkeley center to explore critical issues at intersection of politics, economy

    February 14, 2023
    China’s economy has survived worst moment: Official

    China’s economy has survived worst moment: Official

    December 28, 2022
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