Trending News: August 30, 2023

Jerome Powell gives it to us straight on the future of rates, Fannie Mae predicts weak home sales in 2024, and Keller Williams announces major profit share change for ex-agents.

Subscribe and listen on a major platform

Show Notes

Housing sector is showing signs of picking back up: Powell said the Fed will “proceed carefully” as whether to tighten further or hold the policy rate constant. Read more

Home sales will be weak in 2024 regardless of “soft landing”: Fannie Mae expects home sales in 2023 to remain near the lowest annual level since 2009, and 2024 isn’t shaping up to be great either. Read more

KW will cut profit sharing for agents who joined rivals: Ex-agents who joined a competitor will see profit sharing cut to 5%. Read more

Music by: Gloria Tells from Epidemic Sound


Leave a Reply