Bloomberg Best features the best stories of the day from Bloomberg Radio, Bloomberg Television, and over 150 Bloomberg News bureaus around the world. Hosted by Ed Baxter and Denise Pellegrini.
Manage episode 287067633 series 1248803
In this Real Estate News Brief for the week ending March 6th, 2021… new concerns about inflation, signs of a job market rebound, and gender bias in the mortgage market. We begin with economic news from this past week, and a stock market roller coaster that had real estate investors breathing a sigh of relief. Many of the high-flying tech stocks went south in response to concerns about inflation after Treasury yields spiked a few times. Economists are also worried that the $1.9 trillion fiscal stimulus package that Congress is trying to pass will overheat the economy, and that recent signs of inflation are just the beginning. www.NewsForInvestors.com Links: 1 - https://www.marketwatch.com/story/powell-sends-warning-to-markets-that-fed-doesnt-want-persistent-tightening-in-financial-conditions-11614879804?siteid=bnbh 2 - https://www.marketwatch.com/story/u-s-economy-adds-379-000-jobs-in-february-as-hiring-speeds-up-11614951413?mod=home-page 3 - https://www.marketwatch.com/story/u-s-unemployment-claims-rise-slightly-to-745-000-after-texas-power-outages-11614865793?mod=mw_latestnews 4 - https://eyeonhousing.org/2021/03/private-residential-spending-hits-record-high/ 5 - http://www.freddiemac.com/pmms/ 6 - https://nahbnow.com/2021/03/fhfa-extends-covid-19-multifamily-forbearance-through-june-30/?_ga=2.65463978.528485599.1614974505-54843561.1614272299 7 - https://www.corelogic.com/blog/2021/3/new-year-started-off-with-double-digit-home-price-gains.aspx 8 - https://www.apartmentlist.com/research/national-rent-data 9 - https://www.redfin.com/news/single-women-home-purchases-increase-2020/