The Real Estate News Brief: Will Trump & Powell Get Along? CA Voters Shoot Down Prop 33, Surge in Average Homeowner Age

In this Real Estate News Brief for the week ending November 9th, 2024... how Donald Trump as President is expected to handle the Fed, the defeat of a rental control measure in California, and a record high in the average age for homeowners.

Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Before I continue, I'd like to invite you all to check out our webinars. We've got one coming up this Thursday on the kind of tax strategies available for people who invest in syndications. You can submit your questions for a Q&A at the end. That's this Thursday, November 14th, at 12 noon pacific time. For more info, go to newsforinvestors.com and look under the Connect tab.

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~~~~ References: https://www.marketwatch.com/story/trump-is-not-expected-to-try-to-fire-fed-chair-powell-4b7af018 https://www.marketwatch.com/story/jobless-claims-inch-higher-in-latest-week-e602ccc1?mod=mw_latestnews https://www.freddiemac.com/pmms https://www.cnbc.com/2024/11/06/mortgage-rates-surge-on-trump-victory-housing-stocks-to-plummet.html https://abc7news.com/post/prop-33-california-voters-reject-measure-expand-rent-control/15514176/ https://www.cnbc.com/2024/11/04/homebuyer-average-age-rises-to-56-amid-rising-homeownership-costs.html https://www.cnbc.com/2024/11/05/the-average-age-of-first-time-us-homebuyers-is-38-an-all-time-high.html