🗞️Homes Aren’t Selling And Trump For A Third Term

January 24, 2025

January 24th, 2025

What happened today 🇺🇸,

2024 US home sales hit lowest level in nearly 30 years with ownership increasingly out of reach

Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out of the market.

apnews.com/article/housing-home-sales-real-estate-home-prices-b7645724538b7a860c1d739e8b05380d

  • U.S. existing-home sales fell in 2024 to the lowest level in 30 years, as high mortgage rates and low housing inventory have hurt potential homebuyers

  • Trump visited North Carolina and California today to see the damage done by the hurricane and wildfires, on the trip to North Carolina Trump mentioned overhauling or eliminating the Federal Emergency Management Agency (FEMA)

  • House Republican Rep., Andy Ogles, has introduced a proposed change to the Constitution that would allow President Trump run for a third term

  • Trump has terminated Dr. Anthony Fauci's security protection that was being provided and paid for by the National Institutes of Health

  • The bottom 50% of households hold only 2.4% of U.S. wealth, per Bloomberg

  • Target is rolling back its diversity, equity and inclusion programs, at the same time Costco shareholders rejected a proposal from a conservative think tank aimed to persuade the company to roll back or get rid of its DEI policies

  • Ford Motor Co. is recalling more than 200,000 Broncos and Mavericks due to a power problem that can cause vehicles to stop unexpectedly or fail to start

  • DOW down .32% / S&P down .29%

  • Israel says it has received a list of four female hostages Hamas is due to free on Saturday in the second round of releases under the ceasefire deal

Plus: A look at U.S. manufacturing employment over the last two decades

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