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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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    London’s luxury home sellers turn to WhatsApp as private sales surge

    London’s luxury home sellers turn to WhatsApp as private sales surge

    January 30, 2023
    Commercial real estate market could crash soon. Here’s why

    Commercial real estate market could crash soon. Here’s why

    April 16, 2023
    Celebrity real estate agent says LA market taking ‘slow’ turn as mansion tax goes into effect

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

    April 6, 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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    The forecast for the national housing market over the next five years

    The forecast for the national housing market over the next five years

    November 22, 2022
    Bill Gates Hit By Housing Market Swoon? Billionaire Reportedly Lists Daughter’s Apartment At Discount

    Bill Gates Hit By Housing Market Swoon? Billionaire Reportedly Lists Daughter’s Apartment At Discount

    December 26, 2022
    Zillow: Housing market stares down 2 shifts in the wake of SVB

    Zillow: Housing market stares down 2 shifts in the wake of SVB

    March 16, 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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    SOTU: Joe Biden’s Economy By the Numbers | Economy

    SOTU: Joe Biden’s Economy By the Numbers | Economy

    February 8, 2023
    Why stock-market investors may no longer see bad news as good news

    Why stock-market investors may no longer see bad news as good news

    April 10, 2023
    Utahns feeling bleak about near-term economy, ongoing inflation

    Utahns feeling bleak about near-term economy, ongoing inflation

    February 26, 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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    Francis McGee Comments Off on IMF managing director says U.S. economy will slow, but could avoid recession

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    China: Property sector keen to spur economy

    China: Property sector keen to spur economy

    December 22, 2022
    China’s New Premier Courts Foreign CEOs With Vow to Open Economy

    China’s New Premier Courts Foreign CEOs With Vow to Open Economy

    March 28, 2023
    US Economy Advancing Faster Than Expected: Central Bank Chief

    US Economy Advancing Faster Than Expected: Central Bank Chief

    March 9, 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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    How Will We Know if the US Economy Is in a Recession?

    How Will We Know if the US Economy Is in a Recession?

    January 28, 2023
    Mayor Wu Announces Corean Reynolds as Director of Nightlife Economy for the Economic Opportunity & Inclusion Cabinet

    Mayor Wu Announces Corean Reynolds as Director of Nightlife Economy for the Economic Opportunity & Inclusion Cabinet

    February 23, 2023
    Confused About the Economy? There’s Good Reason to Be | The Report

    Confused About the Economy? There’s Good Reason to Be | The Report

    March 4, 2023
  • 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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    Retail Sales Rebound Strongly in January, Suggesting Economy May Be Hotter Than the Fed Likes | Economy

    Retail Sales Rebound Strongly in January, Suggesting Economy May Be Hotter Than the Fed Likes | Economy

    February 16, 2023
    U.S. economy slowed more than initially thought last quarter, growing at 2.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} rate

    U.S. economy slowed more than initially thought last quarter, growing at 2.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} rate

    February 24, 2023
    Stagflation to plague global economy in 2023, keeping stocks on edge

    Stagflation to plague global economy in 2023, keeping stocks on edge

    November 29, 2022
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