The Real Estate News Brief: Pressure Building for Rate Cut, Top Cities for Renters, Values Rise Size Falls… for Lots!
Description
In this Real Estate News Brief for the week ending July 13th, 2024… what the Fed is saying about a rate cut, where renters are finding the best deals, and new trends for lot size and values!
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. I’d like to take a moment to invite you to a free fun mid-year update on today’s economy. You’ll hear from both me and one of my favorite economists, John Chang, on what we think of the current economic conditions and the housing market. You’ll also have a chance to ask us questions so don’t come empty-handed! It’s happening on July 25th. Look for a link to sign up in the show notes below.
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References:
1 - https://www.cnbc.com/2024/07/11/cpi-inflation-report-june-2024.html
2 - https://www.marketwatch.com/livecoverage/cpi-report-for-june-economists-forecasting-another-slow-reading-for-key-inflation-data?mod=home-page
3 - https://www.marketwatch.com/livecoverage/ppi-report-for-june-wholesale-inflation-data-eyed-after-cpi-surprise/card/wholesale-prices-tame-in-june-ppi-finds-and-also-point-to-slower-inflation-dW55lK43F7ENk43usnEK
4 - https://www.cnbc.com/2024/07/09/fed-chief-powell-says-holding-rates-high-for-too-long-could-je
opardize-economic-growth.html
5 - https://www.bisnow.com/national/news/capital-markets/fed-chair-powell-signals-rate-cuts-may-be-closer-declines-to-provide-timetable-125036
6 - https://www.marketwatch.com/story/jobless-claims-fall-to-lowest-level-since-late-may-b58bff3a?mod=economy-politics
7 - https://www.freddiemac.com/pmms
8 - https://www.rentcafe.com/blog/rental-market/market-snapshots/best-cities-for-renters-to-live-2024/
9 - https://eyeonhousing.org/2024/07/share-of-smaller-lots-is-at-new-high/
10 - https://eyeonhousing.org/2024/07/lot-values-trend-higher/
In this Real Estate News Brief for the week ending November 23rd, 2024… why home buyers are suddenly jumping back in, what the data shows about single-family built-to-rent homes, and what renters are doing to make sure they can pay their rent each month.
Hi, I'm Rich Fettke, filling in for...
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The combination of high mortgage rates and record high home prices has priced out millions of Americans from buying a home or investment property. On today’s real estate news show, we’ll dive into CoreLogic's recent Home Equity Insights Report for the 2nd quarter of 2024 to determine if it still...
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