The Fed vs Inflation
The Federal Reserve raised interest rates by 0.50 percentage point to curb inflation and predicts a higher peak. Some economists reckoned the Fed would say “additional increases” would be needed, signaling the Fed is close to winding down the hiking cycle. It estimates it will cut the rate to 4.1% by the end of 2024 to support an economy likely to be weak-ened by the rate increases. (Full Story) |
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US Inflation Slowed Significantly In Nov.
A decline in US prices for gas and used cars in November led to a marked slowdown in inflation, with prices for all goods and services rising just 0.1% from the prior month. Piped gas for utilities fell by 3.5%, used cars fell by 2.9%, and gasoline fell by 2%. Additionally, medical services fell by 0.7% and electricity fell by 0.2%, offset by increases for items such as shelter and food. (Full Story) |
Homebuyers Are Hoping For A 2023 Market Crash: What Will Really Happen?
Until recently, the housing market had been heating up at a rapid pace leading many buyers to find themselves priced out, especially first-timers. If you weren’t able to make a cash offer, offer a large amount over the list price, you might have grown frustrated. M any buyers are hoping for a housing market crash in 2023. But will it happen? (Full Story) |
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This week, our very own Ramzis Hadzhi was featured in a Youtube video with Erin Wheelock who hosts the popular series " Where to, Wheelock"
Watch him give an extensive and well executed tour of our incredible Greenwich Village Maisonette: 5 Bed | 3 Bath | 3,700 SF |
We are partnering with Block: a home renovation platform that helps you design, plan, and build all in one place. If you are planning a home reno, use Block to get an on-site estimate of costs before you even start. Plus use offer code APKSTEPTXU to get $500 off your materials purchase. Click here for more info. |
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