Published on 23 Sep 2024 on Insider Monkey · via Yahoo Finance
We recently published a list of 10 Best Residential Real Estate Stocks To Buy. In this article, we are going to take a look at where Equity LifeStyle Properties, Inc. (NYSE:ELS) stands against other best residential real estate stocks to buy.
Home Buyers Have More Bargaining Power than Sellers, Says Economist
The rate hikes which started in March 2022 as a battle against inflation are coming to an end as the Federal Reserve finally decided to cut rates for the first time since 2020. The rate cuts were kicked off with a half-percentage point reduction on September 18. This long-awaited move lowered rates to about 4.875%, at the midpoint. With an optimistic view in mind about inflation cooling off, the big rate cut will be catering to the employment slowdown. The news just doesn’t end here since the officials have pointed to another half-point reduction before the year’s end.