Real Estate News 07/22/2025

Today’s News Synopsis:

In The News:

YahooFinance – “Trump Weighing Effort to Remove Capital Gains Tax on Home Sales“ (07-22-25)

“President Donald Trump said he is considering a proposal to end capital gains taxes on home sales in a bid to boost the housing market. “

MPA Mag  – “Inflation increase likely ends any chance of a Federal Reserve July rate cut” (07-15-2025)

“Analysts believe the tariff impact is just starting to show up in inflation numbers”

MortgagePoint – “New Bill Empowers Homeowners to Appeal Bias in Home Appraisals “ (07-21-25)

“U.S. Sen. Reverend Raphael Warnock and five of his Senate colleagues have introduced new legislation to address appraisal bias in the home buying and selling processes. Under the Appraisal Modernization Act, the nation’s homebuyers would be equipped with more data and tools to fight bias that would lower their homes’ values. ”

Reuters – “Trump says Fed’s Powell will be out in 8 months, calls him a ‘numbskull’“ (07-14-25)

“U.S. Federal Reserve Chair Jerome Powell is a “numbskull” who has kept interest rates too high, but he will be out in eight months, President Donald Trump said at a news conference on Tuesday.”

MoneyTalks News  – “Climate Disasters Are Reshaping Home Insurance: How to Manage Rising Costs” (07-22-2025)

“Wind, hail, and lightning have triggered record payouts, pushing premiums higher for homeowners.”