Real Estate News Brief - U.S. Economy Hits Major Milestone, Rate Cut Rumblings, and Tax Reform Good for Renters

Summary: In this week's Real Estate News in Brief: the nation marks a major economic milestone, when we might see the Fed cut rates, and why new tax laws could turn more renters into homeowners. We begin with economic news from this past week and new assurances of a strong job market. The Labor Department reported a record gap between the number of job openings and people looking for work. As of April, there were a seasonally adjusted 7.449 million job openings and just 5.824 million job seekers.