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Better inflation data won’t sway the Fed

Housing Wire

The Consumer Price Index data released Wednesday showed again that the breakaway 1970s-style inflation is not happening, even with an expanding economy and an unemployment rate under 4%. Pivoting doesn’t mean they’ll cut rates, it just means they’ll change their language describing the economy.

Mortgages 419
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Is inflation or recession driving mortgage rates now?

Housing Wire

On Tuesday, we got more confirmation that the Federal Reserve ‘s biggest fear — inflation blowing up to 1970s levels — isn’t happening, according to the CPI data. The shelter component of the CPI data has a weighting of 44.4%, and it currently lags today’s reality big time. percent in January, the U.S.

Mortgages 382
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Top Five: Real Estate Stories Of 2021

Toronto Realty Blog

Somebody told me once that when you have children, the years go faster because you start to view your life in terms of your children’s milestones. Growing from age one to age two represents a fifty percent increase in their time on earth, but it’s merely another twelve months for you. ” 2019: Help.

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Seattle Real Estate Market & Investment Overview 2020

Marco Santarelli

Despite a significant increase of more than 24% in new listings, the inventory was at a 10-year low for July. Homebuyers are trying to take advantage of lower interest rates, and the local real estate agents are struggling to meet the demand. That trend continued to follow even during the Covid-19 epidemic. from a year ago).

Marketing 141
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Orlando Real Estate Market & Investment Overview 2020

Marco Santarelli

As per the current trends, Orlando is all set to remain a seller's market in the next 12 months. As per the current trends, Orlando is all set to remain a seller's market in the next 12 months. The median sales price in Orlando for all home types sold in July was $270,000, which marked a 9.2% year over year and up 18.6%

Marketing 126
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San Francisco Bay Area Real Estate Market 2020 Overview

Marco Santarelli

This article has been updated to reflect recent changes in the housing market of San Francisco due to the coronavirus pandemic. Home sales are still lagging begin 2019's stats. First of all, the entire state of California has a consistent housing shortage due to limited land. to $1,805,000. Closed sales saw a decline of 8.9%

Marketing 144
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

That’s why we compiled this comprehensive list. That’s why we compiled this comprehensive list. After all, great communication leads to closed deals. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money.