A lot for The Federal Reserve raising rates till it gets inflation to 2%. The other day, the left their target rate the same. However the other day, The Fed launched their dot task revealing their target rate is anticipated to decrease in 2024 and beyond.
On the real estate front, existing-home sales moved lower in August, according to the National Association of REALTORS ®. Amongst the 4 significant U.S. areas, sales enhanced in the Midwest, were the same in the Northeast, and insinuated the South and West. All 4 areas tape-recorded year-over-year sales decreases.
Overall existing-home sales– finished deals that consist of single-family houses, townhouses, condos and co-ops– moved 0.7% from July to a seasonally changed yearly rate of 4.04 million in August. Year-over-year, sales fell 15.3% ( below 4.77 million in August 2022).
Naturally now that I check out that The Clinton’s see blood in Ukraine and are having the Biden Administration utilize the Clinton Global Effort (CGI) supervise of $25 BILLION on humanitarian relief. After The Clinton’s fiasco with Haiti, absolutely nothing surprises me any longer.