Real Estate Refresh

Trump wants lower interest rates. Jerome Powell, the current chairman of the Federal Reserve has not been cooperative and that has made for some Real Housewives level drama in Washington. For better or worse, Powell’s term ends this May. This morning Trump announced his replacement – but does it even matter? Or will this person just be a figure head for Trump to do the job himself?  Kevin Warsh is not always described as a Trump loyalist. And the Central Bank, our Federal Res

I started this conversation last week – about a real estate market in the midst of global instability, market fatigue, and never-ending political noise. Our world – including the volatile bond market, inventory crisis, bumpy escrows filled with money pinched buyers and sellers – has entered the chat as something grounding?!  As the safe place to focus on? It’s crazy…but true.  Why housing and why now?   President Donald Trump gave a very eloquent speech at NATO this week and

This week gave us more than two insane headlines but there were two specifically that actually collided in the bond market. Just hours after I published this vlog last week, talking about the impacts of Trump’s announcement that he wants $200 billion in mortgage-backed securities purchased by government entities in order to bring down mortgage rates…the Federal Reserve was served a flurry of subpoenas. This man is his own worst enemy because the bond market didn’t like that n