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Florida MLSes Unite Under One Search Portal
South Florida’s two largest Multiple Listing Services are now providing complete listing data to Nestfully, the leading consumer home listing portal developed and run by the residential real estate industry. Miami REALTORS® SEFMLS and Broward, Palm Beaches & St. Lucie REALTORS®/BeachesMLS’ partnership means consumers can now search all South Florida properties on a leading portal… […]
Q2 GDP Forecasts: Revised Down, under 10%
From BofA: The construction spending data sliced another 0.5pp from 2Q GDP tracking, leaving us at a still impressive 9.5% qoq saar . [July 2 estimate] emphasis added From Goldman Sachs: We left our Q2 GDP tracking estimate unchanged at +8.5% (qoq ar) . [July 2 estimate] From the NY Fed Nowcasting Report The New […]
Expirations Help Forbearance Numbers; Rates Under Pressure Despite Weak Jobs Report
Economic data is traditionally one of the key contributors to interest rate movement. Of the regularly-scheduled reports, none has more market-moving street cred than The Employment Situation–otherwise known as “the jobs report” or simply NFP (due to its headline component: Non-Farm Payrolls). The relationship between econ data and rates can wax and wane. Covid definitely […]