Bond market investors are focused on the latest “dot plot,” indicating Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025.
Category: Markets & Economy
In 2024, VCs focused on ‘quality over quantity’: CRETI
In total, real estate technology entrepreneurs landed $15.1 billion in funds for their ideas on how to improve the industry, according to CRETI’s 2024 Proptech Venture Capital Analysis.
Renters feel less connected to their neighbors than homeowners
Renters are more likely than homeowners to feel disconnected from their neighbors, according to a Redfin-commissioned survey of 894 renters and 805 homeowners aged 18 to 65.
December Fed rate cut seen as a lock — then caution may prevail
The latest Consumer Price Index reading is in line with expectations, but progress in fighting inflation has stalled. Forecasts for a slower pace of easing next year might keep mortgage rates above 6 percent.
Embattled sale-leaseback platform EasyKnock closes its doors
Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about two weeks after being sued by Connecticut’s Attorney General.
Latest inflation data ups the odds of a December Fed rate cut
Progress in taming inflation slowed in October, but futures market investors think the latest numbers up the odds of another Federal Reserve rate cut next month.
Why real estate is struggling to keep up with a rising US economy
The nation’s real gross domestic product grew at an annual rate of 2.8 percent in the third quarter of the year. But with falling sales and tapering price growth, agents could be forgiven for feeling left out.
Housing costs force Americans earning less than $50K to sacrifice
Nearly three-quarters of U.S. residents earning less than $50,000 annually are struggling to keep up with monthly rent or mortgage payments, causing many to make dramatic sacrifices to stay afloat.
Matterport posts $38.4M loss in Q3 as it spends for scale
During the first nine months of the year, Matterport pulled in a total of $125.8 million in revenue. Most of that is from recurring services and subscriptions.
Real talk: We need to make housing more accessible for older adults
Planning for the future and promoting accessible, inclusive infrastructure keeps senior adults connected to their communities, Rachael Hite writes.