Today’s News Synopsis:
The Fed holds its ground, keeping rates steady as it monitors the economy amid shifting U.S. trade policies and political pressure to lower them.
In The News:
MPA Mag – “Fed reveals latest rate decision amid ongoing Trump-Powell firestorm“ (07-30-25)
“The central bank has faced huge pressure from the president to cut rates in recent weeks“
Yahoo Finance – “Trump tears into Powell as Fed hold rates but says ‘I hear’ cut coming in September” (07-31-2025)
“President Trump slammed Fed Chairman Jerome Powell multiple times throughout the day Wednesday in the lead-up to an announcement that rates would remain unchanged, but he said that a cut could be coming in the fall.”
NAHB – “Senate Panel Advances NAHB-Supported Housing Package“ (07-30-25)
“In a sign of NAHB’s successful efforts to make housing a top national priority, the Senate Banking Committee approved a major housing package on July 29 by a unanimous vote of 24-0.”
Scotsmanguide – “Annual home price growth slows to 2.3%: Case-Shiller“ (07-29-25)
“Seasonally adjusted home prices in May fell 0.3%, signaling ‘broad-based fatigue’”
Redfin – “2025 Fast Facts: International Transactions in US Residential Real Estate” (07-29-2025)
“Highlights from the 2025 International Transactions in US Residential Real Estate Report: trends and comparisons, top destinations in the U.S. for foreign buyers, and top countries of origin. Read more about foreign buyers’ purchases of U.S. homes in the International Transactions in U.S. Residential Real Estate report.”
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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