In an otherwise downcast monthly economic report, the Federal Reserve Bank noted that the housing market ha rebounded in August due to a strong job market and low mortgage interest rates. The report also mentioned that new-home sales were up in August by 18% as compared to a year ago, and existing-homes sales increased by almost 3% during the same period.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
