Trump’s Call to Ban Wall Street from Buying Homes

New Jersey Best Realtor Richard Choi

5 Surprising Truths Behind the Headline For many American families, the dream of homeownership—the American Dream—feels increasingly out of reach. Single-family home prices have surged, wages have not kept pace, and frustration is mounting. In this climate, Donald Trump has proposed a dramatic solution: banning large institutional investors from purchasing single-family homes. The message is […]

Redfin Economists’ Weekly Take: China Trade Tensions Push Mortgage Rates Lower

new jersey realtor richard choi

Last Week In A Nutshell Rates ended the week about 10 bps lower following renewed trade tensions with China. Upcoming Attractions  This is a light week, especially if the shutdown continues. Last Week’s Highlights Diving a Little Deeper Redfin’s housing market reports: About Richard Choi Richard Choi is a Korean-speaking Realtor in New Jersey serving […]

What the Government Shutdown Could Mean for Housing

뉴저지 부동산 Richard Choi

The most visible housing-market impact from the current government shutdown is on the millions of civilian federal employees who could be furloughed or laid off and miss paychecks, in turn leaving them potentially struggling to make their mortgage and rent payments. Behind the scenes, the mortgage and housing system could also feel the strain if […]