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      <image:title>Blog 3 - Who Knows the Real Number?</image:title>
      <image:caption>Housing Wire, a mortgage trade publication and resource reported last week “pending home sales plummet to all time low .”  The source they're using is the National Association of Realtors Pending Home Sale index, and it fell to a low of 70.8 which is down 6.6 on a yearly basis. The benchmark for that index is the calendar year 2001 to which they assign a value of 100. So as you can see there's been a significant drop in this number</image:caption>
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      <image:title>Blog 3 - You Can’t Believe the Headlines</image:title>
      <image:caption>Back to my infamous “in box” I received an article from Housing Wire titled “Why is Fannie Mae optimistic about housing market recovery”. Once you get past the headline and look at the article it shows that 30-year fixed rates average 7.21% at the end of February; but then they say that “Fannie Mae however remains optimistic that housing market activity will pick up”. They then go on to tell us that existing home sales dipped by 1% to a seasonally adjusted rate of 3.78 million units, that there is a low supply of existing homes, and new permits inched up 1.6%. Hardly a robust prediction!</image:caption>
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    <loc>https://www.wheelerandwheelerproperties.com/blog/stay-the-course-or-deploy-interest-rate-cuts-in-2024</loc>
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    <lastmod>2024-03-11</lastmod>
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      <image:title>Blog 3 - Stay the Course or Deploy Interest Rate Cuts in 2024?</image:title>
      <image:caption>Depending on who you read, it could be either! Recent articles talk about the Fed’s desire to stay the course until inflation is more under control, others, such as Housing Wire said that the Feds are going to deploy rate cuts not because “the labor market breaking, but because real rates are too high”. And what does that have to do with us?</image:caption>
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    <loc>https://www.wheelerandwheelerproperties.com/blog/marc-rowan-knows-his-business</loc>
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    <lastmod>2024-03-11</lastmod>
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      <image:title>Blog 3 - Marc Rowan Knows His Business - Make it stand out</image:title>
      <image:caption>Marc Rowan is the CEO of Apollo Global Management and he did an interview recently where he discussed the struggles of regional banks with both the costs of funds and the regulatory costs they face in today’s highly competitive market.</image:caption>
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