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Show Notes
The Fed’s monetary policy is stifling new construction: A disappointing housing starts report adds to housing woes. Read more
Compass launches third round of layoffs as job cuts extend into 2023: NAR asks court to dismiss lawsuit filed by discount brokerage Homie: Lawyers for NAR, HomeServices of America, RE/MAX, Anywhere and HSF Affiliates denied claims of a conspiracy to inflate commissions, arguing that Homie would have benefitted from the plot. Read more
The surprising reason mortgage rates are up despite interest rate cuts: These underlying economic factors are driving mortgage rates up. Read more
Music by: Gloria Tells from Epidemic Sound