Real Estate News 01/06/2025

Today’s News Synopsis:

In The News:

CNN Business – “Trump’s housing market conundrum“ (01-06-25)

“A sharp decrease in home affordability over the last four years has stung for many Americans — and Trump won his bid for US president partly on the back of dissatisfaction with the economy.”

Yahoo Finance (Bloomberg) – “Fed’s Cook Says Officials Can Be More Cautious With Rate Cuts“ (01-06-2025)

“Federal Reserve Governor Lisa Cook said policymakers can proceed more cautiously with interest-rate cuts, citing a sturdy labor market and lingering inflation pressures.”

Redfin –  “Housing Affordability Didn’t Worsen in 2024—The First Time in Four Years That Has Happened“(01-06-25)

“Buying a home became more affordable in 2024, but only by the slimmest of margins. It was still the second least affordable homebuying year on record, surpassed only by 2023.”

Financial Times –  “This will be the year of investing dangerously” (01-03-25)

“Rollercoaster market moves in the final days of 2024 offered a blunt reminder that investors are heading into a year of living dangerously.”

NAR –  “10 Hottest Home Design Trends to Watch for 2025” (12-23-2024)

“Many different styles are influencing today’s home trends, from rounded walls and furnishings to traditional styles mixed in with bolder textures and colors. ”