Real Estate News 07/16/2025

Today’s News Synopsis:

In The News:

MortgagePoint – “Proposed Bill Seeks to Invest Fannie/Freddie Proceeds Into Middle-Class Housing Development“ (07-15-25)

“With federal interest swelling regarding the privatization of Fannie Mae and Freddie Mac, Reps. Tom Suozzi and Nicole Malliotakis have introduced a bipartisan bill calling for the federal government to dedicate as much as $250 billion received from ending the conservatorship of Fannie and Freddie to be invested in the construction of up to affordable housing. “

MPA Mag – “Inflation increase likely ends any chance of a Federal Reserve July rate cut” (07-15-2025)

“While the odds of the Federal Reserve cutting rates in July were already very small, they decreased on Tuesday with the release of the latest inflation numbers. Both main inflation numbers increased as analysts believe the impacts of tariffs are starting to show up.”

Realtor.com – “2025Q2 Cross-Market Demand Report: Big-City Residents Keep Moving Out“ (07-15-25)

“At 65.1% of out-of-metro views, home shoppers from the West were the group that was most likely to search for out-of-metro homes. In fact, the West has consistently had the largest share of home shoppers looking elsewhere since 2019Q2. ”

Reuters – “Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy“ (07-15-25)

“U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to finance the high and rising deficits expected from his spending and tax-cut bill.”

NAR – “Foreign Buyer Activity Rebounds—and Agents Are Taking Notice” (07-140-25)

“In 2024, record high housing costs and insufficient social safety nets drove the number of people experiencing homelessness to its highest levels since data collection began.International buyer demand rises for the first time in eight years, as real estate agents lean into global referrals and personal networks to attract international attention.“