• Redfin temporarily closes 4 offices after veiled threat

    An ex-Redfin contractor allegedly made what the company called “concerning comments” last week, prompting the tech-focused Seattle brokerage to temporarily close four Bay Area offices. The brokerage is working with local enforcement to determine if there’s any real threat to Redfin employees.

    source https://www.inman.com/2019/08/16/redfin-temporarily-closes-4-offices-after-veiled-threat/

  • Housing start data spells good news for recession fears: economist

    The inversion of the yield curve — when long-term interest rates drop below short-term interest rates — this week, was seen as a warning sign to many that another recession was looming. But Friday morning’s housing start data means we shouldn’t sound the alarms just yet, according to Odeta Kushi, the deputy chief economist at First American.

    source https://www.inman.com/2019/08/16/housing-start-data-spells-good-news-for-recession-fears-economist/