Off-the-Charts Unemployment Stokes Fresh Fears of a Recession. Is a Housing Crash in the Cards? An unprecedented number of Americans lost their jobs in March as the coronavirus-driven crisis continued to escalate. That’s according to the latest unemployment numbers, which are inflaming fears that another recession has arrived and another housing crash may not be […]
Is now a good time to buy a house?
Should I hold off and wait for property values to fall further? What’s ahead for our economy will we fall into recession? These are the type of questions from our clients at Metropole that I’ve been answering and these are the questions on the mind of the many journalists have asked me for an opinion […]
Federal Reserve Takes Emergency Steps
The Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds. The Fed’s surprise announcement signaled its rising concern that the viral outbreak will depress economic growth in […]
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