Morning Minute: U.S. economy picks up in third quarter of 2016

The U.S. economy grew in the third quarter with the gross domestic product, or GDP, experiencing a 2.9 percent annualized gain, Bloomberg reports today in the article, “U.S. Economic Growth Rebounds on Inventory, Export Boost.” CBS News also reports, “After earlier weakness, U.S. economy surged in third quarter.”

In other headlines:

Mortgage Rates Ease From Recent Spike, Closer to Near Record Lows – Freddie Mac

How social media videos are changing the face of real estate – Inman

City-ordered demolitions decline – Crain’s Chicago Business

Percentage of Homeownership by Decade and by State – Keeping Current Matters blog

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