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Feds Latest Policy Decisions, Home Sale Numbers, and a Home Value Forecast
In this Real Estate News Brief for the week ending January 30th, 2021\u2026 the Fed\u2019s latest policy decisions, more good news about home sales, and a Zillow forecast on home values.
We begin with economic news from this past week, and another meeting of the Federal Reserve that ended with no policy changes and signs that short-term interest rates will stay right where they are for several years. The Fed also said it has no plans to taper its monthly purchase of $120 billion in bonds until it sees \u201csubstantial further progress\u201d in a job market recovery, along with inflation that sits above 2% for some amount of time.
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