Thanks to last Friday’s jobs numbers, a cut to the Federal Reserve Funds Rate is all but a certainty after the Fed’s monthly meeting later this month. As of this post, the markets are expecting a 50 basis point cut to the Fed funds rate, which will shake up financial markets, but not in ways…

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Housing Crystal Ball

Employment data was released this week in the form of the monthly ADP payroll report and the all-important BLS jobs report. For the first time in recent memory, both reports were duds. Unemployment ticked up to 4.3%, revisions to June & July reports were negative (-21,000 jobs), and a jobs market that to this point…

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home construction data and what it means to consumers

When it comes to answering the question “will home prices continue to climb”, it’s difficult to provide accurate feedback or anything beyond a guess. But while difficult, the market offers clues in each month’s economic reports. One area we watch to get a glimpse into our crystal ball to see what the future holds is…

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