Today’s News Synopsis:
In The News:
Reuters – “Financial stocks fall as Trump’s credit card rate cap plan rattles investors“ (01-13-2026)
“Trump on Friday called for a 10% cap on the interest rate on credit cards starting January 20 without providing details on how he planned to make the companies comply.”
Bloomberg – “What Wildfire-Resilient Home Designs Will Look Like” (01-08-2026)
“New homes rising in fire-affected parts of LA use a range of strategies to speed construction timelines and protect against wildfires.”
HouseDigest – “What Starter Homes Will Look Like In 2026, According To A Real Estate Expert” (01-12-2026)
“Typically, starter homes marked the starting point for individuals who wanted to slowly make their way toward their forever house.”
CNBC – “Why Trump is going after institutional homebuyers: They dominate markets like Atlanta, Jacksonville“ (01-12-2026)
“Institutional investors only own roughly 2% of the nation’s single-family rental housing stock, but their presence is far more concentrated in parts of the Southeast.”
FOX Business – “‘Builder-in-chief’: Fed housing director backs Trump plan to ban investors from buying homes“ (01-08-2026)
“”Builder-in-chief” President Donald Trump is bringing the housing market back to life, U.S. Federal Housing Finance Agency Director Bill Pulte told “Making Money” on Thursday.”
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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