Real Estate News 10/29/2025

Today’s News Synopsis:

In The News:

FOX Business – “Fed cuts interest rates for second time this year amid labor market weakness“ (10-29-25)

“Fed’s second interest rate cut comes despite inflation remaining above the central bank’s 2% target”

NAHB – “How COVID-19 Reshaped the U.S. Labor Market” (10-28-2025)

“Between February 2020 and June 2022, the U.S. labor market experienced the deepest downturn and fastest rebound in a century. The global COVID-19 pandemic disrupted the economy, causing an unprecedented shutdown and record job loss across all industries. But the labor market was able to recover remarkably quickly, and this rebound continues to shape today’s employment trends and the broader economy.”

Realtor.com – “MAPPED: The Average Credit Score in Every State—as FICO Scores for Homebuyers Rise to 735” (10-22-25)

“Credit scores will vary depending on how debt is managed. The median FICO score for homebuyers has risen to 735, according to Realtor.com® data.”

CNBC – “The Fed is expected to approve another rate cut Wednesday. Here’s what else to expect“ (10-28-25)

“Markets are assigning a nearly 100% probability that the Federal Open Market Committee will approve a second consecutive quarter percentage point interest rate cut at its meeting this week.”

Propmodo – “Functional Twins Are the Future of Building Operations ” (10-28-2025)

“A digital twin can serve as a living record of every nut, bolt, and sensor in a structure. It is often seen as the definitive source of truth for what makes up a building’s design and operational systems. This usefulness has made digital twins an increasingly standard feature in commercial real estate development and management. ”