Real Estate News 02/02/2026

Kevin Warsh’s path to leading the Federal Reserve now runs through a skeptical Senate and a debate over whether the Fed can remain insulated from politics amid Trump’s sharp break with current chair Jerome Powell.

In The News:

The Guardian – “Trump has tapped a new Federal Reserve chair. Has he finally found his yes-man?“(01-31-2026)

“Trump nominated Kevin Warsh, an ex-Fed governor, for the role as the White House continues to attack Jerome Powell”

Bloomberg –“LA Council Sends Mansion Tax Changes Back, Dimming Prospects”(01-28-2026)

“The Los Angeles City Council voted to send proposed amendments to the city’s mansion tax back to committee, adding procedural hurdles that set back efforts to ease the levy on new development in the nation’s second-populous city.”

CNBC –“Family offices brace for higher inflation with real estate and alternative investments” (02-02-2026)

“More than 60% of U.S. family offices cited interest rates and inflation as among the top risks to their portfolios this year, according to a new survey by J.P. Morgan Private Bank.”

Redfin News –“More Gen Zers are Buying Homes. But It’s a Trickle, Not a Flood“ (01-26-2026)

“The homeownership rate for younger generations inched up from 2024 to 2025 because affordability and inventory improved slightly. But it didn’t surge, because housing costs remained historically high, and many young buyers were turned off by economic uncertainty.”

Realtor.com –“Trump Says Homes Should Get Pricier, but Buying Should Get Easier. Do Any of His Proposals Support That?“ (02-02-2026)

“In a Cabinet meeting last week, President Donald Trump emphasized that while he wants to make homebuying more accessible to Americans, he doesn’t want it to come at the cost of existing homeowners who have seen their equity skyrocket.”