Today’s News Synopsis:
The White House will impose 25% duties on heavy trucks starting Nov. 1, after delaying the plan to hear industry concerns. Automakers warn the tariffs could raise costs across the supply chain.
In The News:
NAR – “Where Are Buyers Paying Cash for Homes?“ (10-07-25)
“From Florida to Louisiana, over half of home sales are cash deals as buyers dodge high mortgage rates and compete in tight markets. ”
CNBC – “What the government shutdown means for commercial real estate” (10-08-2025)
“The impact of a government shutdown on commercial real estate, while not quite as immediate, is far-reaching.”
NAHB – “How Do Median Square-Foot Prices Differ by Region?“ (10-08-25)
“Median square-foot prices for new single-family detached (SFD) homes started in 2024 grew modestly, according to NAHB’s analysis of the latest Survey of Construction (SOC) data”
MPA Mag – “Good news for homebuyers as affordability hits 2.5-year high“ (10-06-25)
“Easing rates and tight inventory bring rare relief for buyers and new challenges for lenders”
Realtor.com – “Cash Is King: Trends in All-Cash Home Sales” (10-07-2025)
“Roughly one-third (32.8%) of homes sold in the first half of 2025 were paid for in all cash, down slightly (-0.6%) compared to the first half of 2024, but well above pre-pandemic levels. Cash sales share peaked in 2012 at 35.4%.”
California Real Estate Investor Events
Bruce Norris will be the keynote speaker at the Fliphacking event in San Diego on Tuesday, Oct 12.
The Norris Group presents its award-winning black-tie event I Survived Real Estate 2023 on Friday, October 27.
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- Florida hard money loans or call (407) 706-9700
- California hard money loans or call (951) 780-5856
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- California trust deed investing call (951) 780-5856
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