HOOAH! It's our first Beigie Award for 2024!

The Beigie Award is back to recognize the regional Federal Reserve Bank with the best Beige Book entry. This edition's winner took us to the City of Brotherly Love, detailing how high home interest rates and low existing home sales in the area are financially affecting our buff brethren in arms: movers.

Related Episode:
The Beigie Awards: Why banks are going on a "loan diet" (Apple Podcasts / Spotify)
A drought, a jam, a canal — Panama! (Apple Podcasts / Spotify)
When mortgage rates are too low to give up (Apple Podcasts / Spotify)

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Tags: Al Pacino  Home sales  interest rates  Philadelphia  The Indicator  Beigie Awards  Movers