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Making a New City Home in 5 Easy Step

  • September 4, 2022
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Moving to a new city can be daunting, but there’s also an air of excitement that surrounds the process. You can enjoy new possibilities as you start building your life. In order to fully enjoy this potential, though, you should take deliberate steps to become integrated into your community and find ways to meet new

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US job growth moderates in August with 315,000 added while unemployment edges higher Unemployment rate unexpectedly rises to 3.7%, Labor Department says

  • September 2, 2022
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U.S. job growth moderated in August from a torrid pace the previous month, but hiring remained solid despite growing headwinds from higher interest rates, scorching-hot inflation and mounting recession fears. Employers added 315,000 jobs in August, the Labor Department said in its monthly payroll report released Friday, in line with the 300,000 jobs forecast by Refinitiv

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US economy in technical recession, new GDP estimate confirms

  • August 25, 2022
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  • realestate

GDP shrank at revised 0.6% rate in second quarter, signaling US remains in technical recession.  Second-quarter GDP was initially reported to have shrunk 0.9% The U.S. economy shrank at slightly slower pace in the second quarter than previously reported, but continued to meet the criteria for a so-called technical recession as raging inflation and higher

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US pending home sales fall to lowest level since 2020

  • August 24, 2022
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  • realestate

The National Association of Realtors said on Wednesday that its pending home sales index tumbled 19.9% in July compared with the same month one year ago. On a monthly basis, pending home sales dropped 1% – less than the 4% decline projected by economists.

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Fed officials anticipate ‘significant’ interest rate hikes until inflation eases, minutes show

  • August 17, 2022
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Federal Reserve officials indicated at their July meeting that additional interest rate hikes are necessary in the coming months until policymakers see evidence that inflation has cooled “considerably.” Minutes from the U.S. central bank’s July 26-27 meeting released on Wednesday show that policymakers reiterated the need to raise interest rates to a level that brings

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Inflation climbed 8.5% in July as prices cool but remain near record high

  • August 10, 2022
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  • realestate

The Labor Department said Wednesday that the consumer price index rose 8.5% in July from a year ago, below the 9.1% year-over-year surge recorded in June.

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US economy adds 528,000 jobs in July, surging past expectations

  • August 5, 2022
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  • realestate

U.S. job growth unexpectedly accelerated in July, defying fears of a slowdown in hiring even as the labor market confronts the twin threats of scorching-hot inflation and rising interest rates. Employers added 528,000 jobs in July, the Labor Department said in its monthly payroll report released Friday, blowing past the 250,000 jobs forecast by Refinitiv economists.

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Making the Move to California? Be Sure to Read This First

  • August 1, 2022
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  • realestate

The Your Real Estate Life show helps you navigate the often confusing process of choosing and securing the loan to meet your unique and specific needs in the neighborhood you’d like to call home. Contact us today for more information! 888-LIFE-980 Moving to California can be a big adjustment, but there are a few things

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Fed’s preferred inflation gauge climbs in June, holding near 40-year high

  • July 29, 2022
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  • realestate

The Federal Reserve’s preferred inflation gauge accelerated more than expected in June, according to new data released on Friday, a worrisome sign as central bankers try to combat higher prices with the steepest interest rate hikes in decades. The personal consumption expenditures index showed that core prices, which strips out the more volatile measurements of

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US in a recession as GDP contracts for second consecutive quarter

  • July 28, 2022
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  • realestate

The U.S. economy shrank in the spring for the second consecutive quarter, meeting the criteria for a so-called technical recession as raging inflation and higher interest rates forced consumers and businesses to pull back on spending. Gross domestic product, the broadest measure of goods and services produced across the economy, shrank by 0.9% on an

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