This Week’s Real Estate News
North Texas Home Sales Hammered by Pandemic
North Texas home sales slid in April as buyers sheltered in place from the pandemic. Home purchases in the area were down 17% from a year ago — the biggest such decline in nine years.
Embracing Remote Work: Freedom, Without Sacrifice
Some tips for commercial real estate pros getting used to the world of remote work, including how having an in-home video studio can help.
WeWork skips rent payments to cut costs amid pandemic
WeWork has stopped paying rent at some U.S. locations, in the latest sign that the co-working company is aggressively trying to cut costs as the economic downturn eats into its revenue.
Federal Reserve cuts interest rates by quarter point in December
Federal Reserve cuts interest rates by quarter point in December
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The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.
Fed Cuts Rates By 25 Basis Points to Bolster Labor Market, Triggering Market Shifts - December 2024 Fed Meeting
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The Fed's statement introduced a new qualifier on the "extent and timing" of future rate cuts, suggesting a slower pace in 2025 than previously anticipated.
The Real Winner of the 2024 Election? Opportunity Zones
The Real Winner of the 2024 Election? Opportunity Zones - The DI Wire
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Donald Trump won the 2024 U.S. presidential election, continuing the tradition of free and fair elections that have been a hallmark of American democracy