A Fed cut will help the housing market, but the effects will unfold gradually, says Bess Freedman

A Fed cut will help the housing market, but the effects will unfold gradually, says Bess Freedman

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Bess Freedman, CEO of Brown Harris Stevens, joins CNBC’s ‘The Exchange’ to discuss mortgage rates, how lower rates could... Read more »
Investors’ Expectations For Big Fed Rate Cut Rise On New Data

Investors’ Expectations For Big Fed Rate Cut Rise On New Data

Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week’s “dot plot” says about expectations for the pace of future cuts.... Read more »
How the CPI data took one Fed rate cut off the table for 2024 

How the CPI data took one Fed rate cut off the table for 2024 

So far, we have held the line on the market pricing in three rate cuts, but today was a clear break from that. Earlier in the year, the market got well ahead... Read more »
Chicago Unveils ‘Cut the Tape’ Plan to Streamline Development Approvals

Chicago Unveils ‘Cut the Tape’ Plan to Streamline Development Approvals

Details on ways Chicago can improve and streamline administrative processes to build more housing and support commercial developments were part of the “Cut the Tape” report recently released by Mayor Brandon Johnson.... Read more »
Plans for Redwood-Inspired Tower in DTLA Cut Down by City

Plans for Redwood-Inspired Tower in DTLA Cut Down by City

Plans by Australian developers to build a 40-story housing tower inspired by giant redwood trees in Downtown Los Angeles have toppled with a resounding thud. The proposal by the Australia-based Crown Group,... Read more »
The Fed is in no rush to cut rates amid inflation battle

The Fed is in no rush to cut rates amid inflation battle

Federal Reserve Chair Jerome Powell reiterated Wednesday that the central bank won’t be applying any cuts to benchmark interest rates until it’s sure that inflation is under control.  In his prepared testimony... Read more »
When Will the Fed Cut Rates in 2024?

When Will the Fed Cut Rates in 2024?

If you are wondering when the Federal Reserve will start cutting interest rates in 2024, you are not alone. Many investors and consumers are eager to see lower borrowing costs after two... Read more »
Why fewer homes are taking a price cut, even while inventory rises

Why fewer homes are taking a price cut, even while inventory rises

So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. While weekly... Read more »
Thousands of California homeowners can cut their property tax bill. Here’s how

Thousands of California homeowners can cut their property tax bill. Here’s how

With property tax bills as high as they are in Southern California, you’d think that homeowners would sign up for every break they could get. You would be wrong. Since 1974, the... Read more »
The Fed is in no rush to cut rates amid inflation battle

As the Fed plays waiting game to cut rates, housing pros lean toward incoming economic data 

One of the biggest takeaways from the Wednesday press conference held by Federal Reserve Chair Jerome Powell is that the central bank isn’t likely to cut interest rates in March as investors... Read more »