Fed emergency rate cuts incoming (home prices plummeting in the South)

Is Donald Trump going to fire Jerome Powell? And what will the impact be on the housing market? It seems likely that the Fed will cut interest rates over the next year, which could re-stimulate the housing market. And potentially push home prices up. But will that actually happen?

Reventure suspects that interest rate cuts might not be enough to stimulate homebuyer demand, as the last time the Fed cut rates in 2024 there was no discernible increase in demand. In fact - mortgage rates went up when the Fed last cute rates.
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