Former Fed President Calls for Rate Cut Now

Former Fed President Calls for Rate Cut Now

The opinion of other economists is starting to swing. Here’s an example of a former New York Fed President who is calling for a rate drop right now, in the Fed’s next meeting. His opinion is expressed clearly and concisely: “The facts have changed,...
Fed’s Potential Rate Cut Amidst Housing Market Slowdown

Fed’s Potential Rate Cut Amidst Housing Market Slowdown

In our lines of business, we deal with many smaller builders, for whom the slowdown over the past two years has been significant. In this article, Tim Smart is summarizing a recent slowdown nationally in the new construction segment of the housing market. He feels it...
Redfin Update – Prices Reach All-Time Highs

Redfin Update – Prices Reach All-Time Highs

Redfin’s latest national real estate update has been released. This update indicates a promising sign concerning the latent demand for residential real estate. Despite the lack of positive news about listings or rates in 2024, prices are reaching record heights....
Rising Listings Spark Market Activity in the Twin Cities

Rising Listings Spark Market Activity in the Twin Cities

We are definitely seeing an increase in listings in our Twin Cities marketplace. The builders I speak to have mixed reactions. Some view the increased competition for their spec and model homes negatively. However, the upside is that the entire market level is rising....