Real Estate News 03/21/2025

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Today’s News Synopsis:

White House Pressures Fed on Rates – President Trump is pushing for interest rate cuts, urging the Federal Reserve to ease policy as his administration advances its trade agenda.

In The News:

 

CNBC – “Trump says the Fed should cut rates to ease the economy’s transition to his tariffs (03-20-25)

“Lower rates, however, could combine with tariffs to stir more inflation. Markets expect the Fed will wait until June before cutting.

FacilitiesDive- Tariffs’ impact on commercial real estate(03-20-2025)

“Third-party logistics providers could fill otherwise slack industrial space as tenants rely on them while volatility persists, CBRE says. Manufacturing and retail also could see effects.”

Redin –  “‘Near-Record Housing Costs Put a Lid on Pending Sales, Even as Early-Stage Demand Picks Up” (03-20-25)

“House hunters are touring homes and applying for mortgages as rates stay below 7%, but prospective buyers aren’t always following through with a purchase. ”

BizWomen- There’s a growing force emerging in homebuying. Here’s how the market has shifted.” (03-18-25)

“According to the National Association of Realtors’ 2024 Profile of Home Buyers and Sellers, 73% of homebuyers in 1973 were married couples, 11% were single women, and 10% were single men. By 2024, the percentage of married couples had shrunk to 62%, and the number of single men had slipped to 8%, while the percentage of single women had jumped to 20%.”

Yahoo Finance – One thing Trump, AOC, and Bernie Sanders agree on: Credit card rates should be capped at 10%(03-20-2025)

“Bills introduced in Congress seek to tap into the bipartisan appeal of reining in credit card companies.”

 

 

 

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