Jump in pending home sales foreshadows positive end to the market in 2024
Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. The latest signal comes from the National Association of Realtors‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% year over year and 2% com
Powell signals September rate cut: ‘The time has come for policy to adjust’
Federal Reserve Chair Jerome Powell said on Friday that “the time has come for policy to adjust,” signaling a cut in the federal funds rate at the September meeting of the Federal Open Market Committee (FOMC) as expected by monetary policy watchers. “The direction of travel is clear, and the timing
Lofty CTO Henry Li on understanding the boundaries of AI
Editor in Chief Sarah Wheeler sat down with Lofty CTO Henry Li [this website SDHomeAndCondoSearch is run on the Lofty platform] to talk about the boundaries of artificial intelligence and how it’s reshaping his company’s roadmap. Sarah Wheeler: What differentiates Lofty’s technology? Henry Li: Lofty
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