In a bold move, the Federal Reserve slashed its benchmark interest rate by 50 basis points on Wednesday, bringing it to a new range of 4.75%-5%. This marks the first rate cut since March 2020, signaling a significant shift in the central bank’s strategy to provide relief from elevated borrowing costs.This decision, which lowers rates […]
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Overview of the Lawsuit: A recent lawsuit targeting the National Association of Realtors® (NAR) and other major real estate firms has reshaped how real estate agents are compensated. The lawsuit challenged practices around commission structures, leading to new rules that impact how agents are paid when properties are sold. If you’re a home seller or […]
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The U.S. presidential election is a pivotal event with wide-ranging implications for the nation’s political landscape and economic environment. One sector that often sparks interest during election periods is the housing market. Many prospective homebuyers and sellers wonder how the outcome of an election might influence housing prices, sales, and mortgage rates. While the impact […]
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With the Federal Reserve set to release its latest policy statement on Wednesday, inflation-weary consumers are eager to know when the central bank might start lowering its benchmark interest rate, offering relief from high borrowing costs. Unfortunately for consumers, the Fed is widely expected to keep rates steady amid persistently high inflation, which remains more […]
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In a move keenly anticipated by markets worldwide, the Federal Reserve made a critical announcement on March 20, 2024. The Fed has chosen to leave interest rates unchanged for the fifth consecutive meeting. This decision underscores a cautious approach toward monetary policy amidst an economic landscape of challenges and opportunities. Here’s a deeper dive into […]
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San Francisco: A Global Powerhouse of Innovation and Connectivity San Francisco more than just a picturesque city with its iconic Golden Gate Bridge, is a living story of resilience, innovation, and inclusivity. These qualities are the city’s hallmarks and align perfectly with the core themes of this year’s Asia-Pacific Economic Cooperation (APEC). San Francisco’s Economic […]
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Full Hunter’s Moon: A Halloween Spectacle Over The Peninsula 🌕 Boo! Just in time for Halloween, a stunning celestial event is upon us. This weekend, gaze up to witness the dazzling Full Hunter’s Moon that promises to paint the skies. If you’re in the Bay Area, you’re in luck! Clear skies are forecasted, making it a perfect moon-gazing […]
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In Atherton’s wealthy Bay Area enclave, the city council faced a whirlwind of emotion, celebrity objections, and high stakes as they debated the town’s future housing plan. Here’s the lowdown. The Crunch-Time Decision Atherton, renowned as the wealthiest ZIP code in the US, had a pressing January 31 deadline to agree on a housing plan, and […]
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Hey, stargazers! Today, Sept. 23, we ushered in the fall season for the Northern Hemisphere at precisely 2:50 a.m. EDT. At this very moment, a perfect balance between light and dark existed on our planet. 🌏 (Image credit: NOAA; NOAA Environmental Visualization Laboratory) The Beginning of Fall 2023: If you’ve ever wondered, “When is the […]
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Officials are struggling to grasp an economy and job market that, while slowing, continues to perform well amidst escalating prices and interest rates. Although inflation is decelerating, it could be more swiftly than desired by policymakers. Goldman Sachs believes these trends present an ideal situation, allowing the Fed to stop its rate hikes and thus evade a recession, […]
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