Today’s News Synopsis:
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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