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California Dreamin’ or Real Estate Schemin’? The Highs and Lows of the Golden State’s Housing Market
California presents a challenging housing market, characterized by high median incomes ($109,200) and average home prices ($765,073). Unpredictable sales patterns and high mortgage rates of 5.22% complicate matters. While tech… Read more
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Cautious Fed and Declining Oil Prices
On December 1, U.S. stock markets, including the S&P 500, the Dow Jones, and the Nasdaq, closed higher, influenced by Fed Chair Jerome Powell’s cautious speech on interest rates. Despite… Read more
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Early December Market Dynamics: Inflation Eases, Tech Challenges, and Fed’s Cautious Outlook Drive Market Movements
Performance of Major Indexes: As of December 1, 2023, U.S. stocks ended mostly higher with the Dow Jones Industrial Average recording its highest close since January 2022. The S&P 500… Read more
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