What The Fed’s Predicted Additional 1.5 Million Job Loss Means to Your Real Estate Business
As the year progresses, the Federal Reserve’s predictions have raised concerns about the job market, with projections indicating that another 1.5 million people may become unemployed by the end of 2023. This potential increase in unemployment will inevitably impact the real estate market, leading to an uptick in short sales, foreclosures, and mortgage defaults. In…