Lower those expectations

The housing market is a bit chilly right now — new home sales are down, and so are prices. But current homeowners watched their property values grow over the past several years. So when it comes to selling, they’ve got (as Olivia Rodrigo might say) real big expectations. In this episode, the disconnect between need-to-sell homeowners and price-sensitive buyers. Plus: Consumer confidence continues its bumpy journey, durable goods orders are picking up, and we visit Brownsville, Texas, where SpaceX launches are taking over the skies.

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Read the stories in today’s episode:

• Durable goods orders have been picking up. And it’s not just AI.
• Selling your home? You may need to adjust expectations
• Consumer confidence ticked up in October. Is it just a blip?
• In South Texas, rocket launches are part of a bigger economic shift
• Capitalism and democracy go hand in hand, according to new index
• For this candy store, it's all about the customers