Silicon Valley tech billionaires support a plan for an innovative suburban utopia near San Francisco featuring affordable housing and sustainable energy. California Forever group faces local skepticism and political hurdles with a contentious land-use ballot measure. Despite initial missteps and opposition, it promises economic growth and community benefits, shaping up as a pivotal issue in the upcoming election.

Last week saw a decline in mortgage application volume due to higher interest rates, impacting purchase activity year-over-year. However, refinancing saw an 8% rise from last year despite a slight decrease from the previous week. The Mortgage Bankers Association noted a shift, with refinances making up 35.7% of total applications. As rates hover above 7%, there's anticipation for potential Fed rate cuts amid persistent inflation concerns, influencing market dynamics.

For many, being a leader often means feeling like you have to have all the answers. But here’s the thing: admitting "I don’t know" can actually be one of the smartest things leaders can do. It’s not about weakness; it’s about authenticity. When you say those three words, you empower your team and open up the floor for their input. According to this article, it’s a game-changer for making better, more inclusive decisions as a leader.

As the 2024 Presidential election nears, clients may wonder about its impact on the housing market. Elections historically slow November home sales briefly due to uncertainty, but they rebound by December and increase the following year. Prices stay steady or rise, unaffected by elections. Mortgage rates often drop before elections, lowering buyers' payments. Despite temporary hesitations, the housing market usually remains stable during elections.