Real Estate News 10/06/2025

Today’s News Synopsis:

In The News:

YahooFinance – “Trump Says US Tariffs on Heavy Truck Imports to Begin Nov. 1“ (10-07-25)

“President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries.”

NAR – “What Is a Government Shutdown, and What Happens Next?” (10-02-2025)

““Each day that passes during the shutdown, potential real-life impacts will be felt in America’s housing market,” says NAR’s Shannon McGahn.”

Realtor.com – “93% of Americans Say Housing Costs Are Too High—and These Are the Factors They Blame“ (10-02-25)

“A recent survey finds that Americans are nearly unanimous in agreeing that the cost of housing is too high, but divided on what they believe are the main causes of the crisis.”

MPA Mag – “FICO move on credit scores rattles bureaus“ (10-02-25)

“Fair Isaac Corp (FICO) has announced it will license its credit scores directly to mortgage resellers, bypassing the traditional gatekeepers—Experian, Equifax, and TransUnion.”

Redfin News – “There Are 72% More Condo Sellers Than Buyers in the U.S.” (10-06-2025)

“Would-be condo buyers are spooked by high costs, including rising HOA dues and insurance fees–but the silver lining is bargaining power. The gap between sellers and buyers has shrunk since springtime, though, when there were 81% more sellers. ”