President Trump resumed his public dissatisfaction with Federal Reserve Chairman Jerome Powell after yesterday’s decision by the central bank not to lower the federal funds rate. In a posting on Truth Social, Trump declared, “Because Jay Powell and the Fed failed to...
The nonprofit Realtors Relief Foundation (RRF) has provided a $1 million grant to the California Association of Realtors for disaster relief support of the families impacted by recent Los Angeles County wildfires. All donations to RRF made through Feb. 7 will go...
The San Diego Housing Commission has halted the issuance of Section 8 vouchers, citing a lack of federal funding to cover current and future commitments. KPBS reports the commission announced it would not be able to issue project-based vouchers for several years. The...
Christie’s International Real Estate has expanded its Asian presence with the launch of Christie’s International Real Estate Hong Kong. The new venture is led by Hong Kong native Samson Law, whose more than three decades of local real estate experience includes the...
The Federal Reserve announced it will not cut rates today, maintaining the target range for the federal funds rate at 4.25% to 4.5%. “In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will...
The Trump administration abruptly reversed course and rescinded its order to pause federal grants, loans and other financial-assistance programs. The Wall Street Journal reported the decision comes one day after a federal judge temporarily blocked the directive from...
Hits and Misses for the Real Estate Week of April 27-May 1
