Today’s News Synopsis:
The National Association of Realtors (NAR) praised a new House GOP draft bill as a “strong opening bid” with key victories for real estate—but noted changes are likely ahead.
In The News:
NAR – “Draft Tax Bill Offers Good News for Real Estate” (05-14-25)
“NAR sees major real estate wins in House Republicans’ draft bill, calling it a “strong start,” while warning that the legislation is still subject to change.“
HousingWire – “Changing the rules of entry: A keyless shift powered by AI “ (05-12-2025)
“Rently is upgrading the property access experience”
CNBC – “Here’s what changed in the new Fed statement“ (05-07-25)
“This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in March.”
CNET – “Mortgage Forecast: Tariffs and Inflation Have Kept Rates High. Will That Change in May?” (05-13-25)
“Tariffs, even reduced ones, still threaten higher inflation. That isn’t good news for mortgage rates.”
Yahoo Finance – “Tampa’s property taxes jumped 23% in 2 years. See the US cities with the lowest and the highest property taxes.“ (05-07-25)
“LendingTree analyzed property tax increases in the 50 largest US metro areas from 2021 to 2023.”
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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