Trending News: September 27, 2023

NAR reports existing-home sales moved lower in August, surprisingly strong jobs report sends interest rates soaring, and Fannie Mae’s chief economist shares housing market outlook.

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Show Notes

Something big is happening in the U.S. housing market: Here’s where 27 leading research firms think it’ll take home prices in 2023. Read more

Compass launches third round of layoffs as job cuts extend into 2023: Compass CEO Robert Reffkin sent an email to staff on Thursday morning informing employees of the latest staff reduction, marking the third round of layoffs in 8 months. Read more

Purchase lock counts drop to 9-year low as Fed signals more rate hikes: Origination activity dropped 19.4% in December, marking nine consecutive months of declines. Read more

Music by: Gloria Tells from Epidemic Sound


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