Paul Rosso

Tuesday’s Home Strategy Weekly · Issue 414 Subscribe here to receive Tuesday’s Home Strategy Weekly. Market Perspective The most important message from the Federal Reserve may not be that it raised interest rates. It may be that the Fed believes the economy is strong enough to absorb higher rates. At its September meeting, the Fed raised its benchmark rate by one-quarter percentage point. Yet its updated outlook also projected slightly stronger economic growth and lower unemployment than it...

Tuesday’s Home Strategy Weekly · Issue 412 Subscribe here to receive Tuesday’s Home Strategy Weekly. Market Perspective What September may be telling us is that the housing market is entering a period of delayed reactions. Buyers can recalculate their purchasing power almost immediately when mortgage rates change. Sellers usually adjust more slowly because their expectations are influenced by earlier sales, neighboring homes, and what the market looked like when they first considered selling....

Tuesday’s Home Strategy Weekly · Issue 410 Subscribe here to receive Tuesday’s Home Strategy Weekly. Market Perspective The Federal Reserve’s latest message was more than an interest-rate increase. It was a reminder that the direction of borrowing costs may be less predictable than many buyers and sellers have been assuming. At its September meeting, the Fed raised its benchmark rate for the first time in three years. The decision was unanimous, which is notable because three policymakers...

Tuesday’s Home Strategy Weekly · Issue 408 Subscribe here to receive Tuesday’s Home Strategy Weekly. Market Perspective August did not look like a market that was simply speeding up or slowing down. It looked like a market becoming more selective about where activity happens. Across the Philadelphia region, buyers had noticeably more choices than they did a year ago. Active inventory was higher, price reductions became more common, and some homes needed more time to find the right buyer. Yet...

Tuesday’s Home Strategy Weekly · Issue 406 Subscribe here to receive Tuesday’s Home Strategy Weekly. Market Perspective Negotiating power is not simply shifting from sellers to buyers. It is moving from one side to the other at different moments in the same transaction. That is an important distinction because broad market labels can create the wrong expectations. A buyer may hear that conditions are becoming more favorable and assume every seller is ready to negotiate. A seller may hear that...