The Federal Reserve’s recent 50 basis point rate cut has ignited excitement within the real estate industry, with many market leaders anticipating a resurgence in buying and selling activity. Real estate professionals, such as Shoma Group's CEO, Mousad Shojaee, and Compass VP, Jeffrey Polashuk, are optimistic about increased consumer confidence, as mortgage rates are expected to drop further. This shift could open the floodgates for more inventory and competition in the housing market, potentially driving prices upward as demand grows. While the rate cut is boosting market sentiment, experts highlight the need for government action to address the housing shortage and create affordable housing options. As the Fed moves forward with a meeting-by-meeting approach, additional cuts may further encourage growth in the housing sector.