Real Estate News Brief – Low Inflation, Softer Eviction Rules in the NW, and Marriott Home Sharing


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In this week's Real Estate News in Brief… the word “transitory” is capturing headlines, the state that’s giving tenants an eviction break, and the hotel giant that’s taking on Airbnb. We begin with economic news from this past week, and another Federal Reserve meeting with no interest rate hikes. The Fed left the overnight lending rate unchanged at 2.25% to 2.50%. But Fed Chief Jerome Powell’s comments about inflation, or the lack of it, has caused some concern. The yearly rate dipped to just 1.6%, which is well below the central bank’s 2% target.

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