Today, President Trump called Fed Chairman Jerome Powell “Too Late” in a social post and said that he can save the country billions of dollars by shaving 2.5% off the Fed Funds rate. This is part of an ongoing Trump attack on the Fed Chair to cut rates, but is this strategy the best way to do it? As I have written before, one reason the President is pursuing a lower Fed Funds rate is to support the...
FHFA Director Bill Pulte called for Federal Reserve Chairman Jerome Powell to resign today, shortly after President Trump urged Powell to cut the Fed funds rate by 2.5% in a social post. This follows the Federal Reserve’s decision yesterday to keep the Fed Funds rate unchanged. Although Powell pointed out the challenges of finding a job right now, he said the Fed is not planning to cut rates anytime...
Commission lawsuit settlement agreements from 15 real estate industry players, including major names like Keyes Co./Illustrated Properties, Side, JPAR, NextHome and Baird & Warner will be up for final approval on Tuesday, June 24. The fifteen settling defendants, which come from the Gibson and Keel suits, filed a joint motion for final approval of the settlements this week. Judge Stephen R....
A rising tide of financial pessimism is washing over U.S. consumers, driven by concerns about inflation, global instability and a lack of economic clarity. At the same time, a solid majority of Americans remain optimistic about their financial future, according to TransUnion’s Consumer Pulse Study for the second quarter of 2025. The result is a nation of households that are increasingly divided on...
Thumbtack and Zillow reveal how homeowners are transforming backyards into personal...
This young couple’s appreciation for historic design and love of cooking didn’t jibe with the finishes in their 1990s Colonial-style home or the small work area in their kitchen. They hired Lynda and Jessica Caccamo, a mother-daughter interior design team, to help them...
Image Dan Oberste also discusses large increase in millionaire...
Image Company leaders focus on platform expansion, demographic tailwinds, and portfolio...
Flipping Profit Margins Continue to Shrink in 2025 The U.S. home flipping market saw a significant slowdown in early 2025, as both activity and investor profits declined sharply, according to ATTOM's newly released Q1 2025 U.S. Home Flipping Report. A total of 67,394 single-family homes and condominiums were flipped in the first quarter, representing 8.3% of all home sales between January and March. While...
Equity release — a class of financial products that involve unlocking home equity and converting it into cash flow — currently has global annual volume of roughly $17 billion. This class includes reverse mortgage products in the U.S., the United Kingdom and elsewhere, but a European equity release authority projects that volume will more than triple over the next 10 years. By 2035, annual global...
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