There is no quantitative, universally recognized definition of a “buyer’s market” or a “seller’s market.” But that shouldn’t stop real estate professionals from recognizing or calling out when the balance of power has shifted—as it seemingly has in recent months. According to RISMedia’s most recent Broker Confidence Index (BCI) survey, most brokers feel their markets…

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The latest monthly data from the University of Michigan’s flagship survey of consumer sentiment found less consumers mentioning interest rates as a barrier to big purchases like homes and cars, while the ongoing government shutdown so far is not having a huge impact on how people view the economy. At the same time, sentiment fell…

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