Today’s News Synopsis:
In The News:
Bloomberg – “New LA Home Designs, Reimagined By Fire“ (01-7-2026)
“As rebuilding begins in Pacific Palisades and Altadena, builders are showcasing resilient architecture and construction techniques aimed at outwitting future disaster. ”
YahooFinance – “OpenAI’s San Francisco office expansion could soon top 1 million square feet” (01-09-2026)
“OpenAI is again circling Mission Bay, signaling that the fast-growing artificial intelligence company is still expanding its San Francisco footprint, even as much of the city’s commercial real estate market remains sluggish.”
TheWeek – “Can Trump make single-family homes affordable by banning big investors?” (01-12-2026)
“America’s housing affordability crisis is mostly a supply-and-demand problem: Not enough houses, too many people needing a place to live. President Donald Trump has an unexpected solution. He wants to take on Wall Street.”
FOX Business – “Housing expert warns pre-pandemic affordability levels may never return in America“ (01-14-2026)
“Affordable homebuilder calls housing crisis a ‘structural problem’ as new data shows rates need to drop to 2.65%, incomes jump 56% or home prices fall 35%”
CBS News – “Trump is taking on the Fed, credit cards and mortgages. Will it improve affordability?“ (01-13-2026)
“The Trump administration is taking aim at three major pillars of the U.S. financial system — the Federal Reserve, the credit card industry and the housing market — that together wield enormous influence over Americans’ finances. ”
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
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