Friday, August 9, 2024 National news and local views

National Real Estate News Jobless rate jumps Last Friday’s jobs report showed that the US economy added 114,000 jobs in July, far below expectations of +175,000. More worryingly, the unemployment rate jumped from 4.1% to 4.3%. Suddenly everyone was talking about recession risks again. Did the Fe

Friday, August 2, 2024 National news and local views

National Real Estate News The rate cuts are coming The Fed kept short-term interest rates on hold (target range of 5.25-5.50%) for the 8th-straight FMOC meeting. But Fed Chairman Jerome Powell's comments during the press conference suggested that solid progress on inflation and the recent rise i