Trending News: June 7, 2023

May jobs report complicates things for the Fed, a new House bill would incentivize home selling in an effort to boost supply, and bigwigs like Elon Musk and Barbara Corcoran escalate rhetoric around a looming 'real estate recession'.

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Show Notes

May jobs report complicates things for the Fed: Total nonfarm payroll employment rose by 339,000 jobs in May. Read more

Barbara Corcoran fears ‘bloodbath’ as bigwigs warn of real estate crash: A growing chorus of public names — from Elon Musk and Ross Perot Jr. to Barbara Corcoran and Dave Burt — have escalated their rhetoric around a looming ‘real estate recession’. Read more

House bill would incentivize home selling in effort to boost supply: Bill would increase the sales gain tax exclusion to $500,000 for single filers and $1 million for joint filers. Read more

Music by: Gloria Tells from Epidemic Sound

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