Dave:
The Fed cut rates again yesterday. They also at the same time announced a new measure that they typically reserve for more emergency style crises that seems to be somehow flying under the radar. But today we’re gonna unpack it, all of it. We’re gonna talk about the Fed’s announcement, some of the details behind the scenes that gives us clues about what might happen next year, the announcement of this new tactic meant to stabilize the economy. And on top of all the Fed news, we’ll also share the most recent housing market data that gives us some clues as to what markets will thrive and which will struggle in 2026.
Hey, everyone. Welcome to On The Market. I’m Dave Meyer, housing market analyst, real estate investor, head of real estate investing here at BiggerPockets. Today on the show, we’re gonna dig into three pretty big news stories. First, we gotta talk about the Fed. We all know they cut rates, but there was more to this meeting that meets the eye. And even though mortgage rates did not really fall based on the cuts, there are some clues in the most recent announcements from the Fed that help us understand the broader state of the economy and the housing market, including some big news no one really seems interested in talking about, but I’m definitely interested in talking about it, so we’re gonna get into that. Then we have other housing market news for you. It’s the last time we’re doing this before the end of the year. We’re gonna talk about some inventory trends and some housing affordability news that think’s gonna really shed light on some investing conditions heading into 2026.
So let’s do this thing. First up, we’re talking about the rate cuts because, of course, we are. The Federal Reserve cut rates for the third consecutive meeting, basically doing what was largely expected of them. If you asked any economist, real estate investor, trader on Wall Street, everyone knew there was going to be a 25 basis points cut,…