Thoughts on the economy
Boston Condos for Sale and Apartments for Rent
Thoughts on the economy
Maybe you’ve noticed: Inventory has swelled ever so slightly, and we’re up just a tad year-over-year. Things are still way tighter than “normal” pre-pandemic levels, but we guess we’ll take what we can get — a little oxygen.
Last week’s hot-ish jobs report further dimmed hopes for rate cuts this year. Many analysts have been suggesting that 5.5% is the number needed to break the golden handcuffs keeping many homeowners in place. We seem a long way from that point. It’s probably prudent to assume this will remain a market of necessities — death, divorce, employment — rather than desires for the remainder of the year.
Update: Boston condo for sale website 2024
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Revised numbers for the last Q of 2023
Update: Boston Real Estate Blog 2023
Click to View Ford Realty Google Reviews for 2021- 2024 ____________________________________________________________________________________
Here is the video of Professors Paul Krugman and Martin Feldstein (former Reagan advisor and NBER president), and Jan Hatzius, chief economist of Goldman Sachs:
The Economic Policy Institute conference on October 5, 2010
Filed Under: A group of very pessimistic guys.
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