Today’s News Synopsis:
BofA pivots its Fed outlook, forecasting a December rate cut and additional reductions in 2026 as leadership changes loom. With Kevin Hassett eyed as the next Fed chair, expectations for an earlier policy shift continue to build.
In The News:
Reuters – “BofA expects December Fed cut, two more in 2026“ (12-01-25)
“BofA Global Research on Monday said it now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its December meeting, citing weak labor market conditions and recent comments from policymakers hinting at an early cut.”
CBS News – “Where are home prices headed this December? Here’s what to consider now.” (12-03-2025)
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NAR – “Utility Costs, Indoor Air Quality, and Energy Efficiency Drive Commercial Real Estate Sustainability Decisions” (12-04-25)
“Commercial clients are putting building performance at the center of their real estate decisions, with a strong focus on operating costs, indoor air quality, and energy efficiency, according to the National Association of REALTORS® 2025 REALTORS® Commercial Sustainability Report.”
Realtor.com – “Florida Home Prices Could Spike Up to 9% Under Ron DeSantis’ Plan To Eliminate Property Taxes“ (12-01-25)
“Florida Gov. Ron DeSantis is pushing to eliminate property taxes on homeowners in the state, but a new analysis suggests the move would come at a heavy price for renters and first-time homebuyers.”
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