This podcast episode delves into the Federal Reserve's Beige Book, a publication that provides economic insights based on reports from regional banks. The episode highlights the Beige Award-winning contribution by Paul Flora of the Philadelphia Fed, emphasizing the decline in home sales due to low supply and the resulting impact on the moving industry. An interview with a moving company owner, Jesse Jones, sheds light on the challenges faced by the industry as house moves slow down. Despite the seasonal downturn in real estate during winter months, agents remain optimistic for an uptick in the market and hope for a decrease in interest rates.
