Welcome to another episode of the Market Update Tuesday Edition on Real Estate Jerky Daily with your hosts Ed Parcaut and Mike Kelly! 🎙️ Today, we're diving into the latest buzz in the real estate market, including updates on retail sales, the National Association of Home Builders, and much more.
**In This Episode:**
- Ed and Mike discuss the anticipation surrounding the Fed's upcoming decisions and its potential impact on interest rates.
- A brief look at retail sales for August and what the numbers mean for the market.
- Insights into the National Association of Home Builders' latest index updates.
- A conversation on loan costs, interest rates, and what you should know about obtaining the best rates.
- Special mention of motivational speaker Grant Cardone's latest claims and seminars.
**Key Takeaways:**
- Retail sales saw a modest increase in August, contrary to the expected decline.
- The National Association of Home Builders' housing market index saw slight improvements, hinting at a slowly recovering market.
- Ed and Mike share their thoughts on the current state of interest rates and the influence of upcoming Fed announcements.
- Learn the importance of understanding the actual cost implications behind different loan rates and terms.
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**Disclaimer:**
The information provided in this podcast is for educational and informational purposes only and should not be considered as financial or legal advice. Always consult with a professional before making any significant financial decisions.
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