The Real Estate News Brief: Goodbye to Inflation? Home Buyers with Cold Feet & the Home Insurance Surprise
Description
In this Real Estate News Brief for the week ending July 27th, 2024... what the Fed’s favorite inflation gauge is telling us now, the surge in canceled home-purchase agreements, and the home insurance hit to our wallets.
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. I’d like to mention two exciting topics for my other podcast, The Real Wealth Show. We are lining up guests for a new Jumpstart series to help first time home buyers and first time investors. The first few episodes will cover getting out of debt and improving your credit score. We are also booking guests who can help experienced investors rebalance their portfolios with things like the 1031 exchange. So be sure to check out my other podcast, The Real Wealth Show!
REFERENCES:
1 - https://www.marketwatch.com/livecoverage/pce-report-for-june-inflation-could-surprise-to-upside-after-gdp-numbers/card/pce-shows-u-s-inflation-posts-small-increase-in-june-fed-still-on-track-to-cut-rates-soon--Sy9ZoxAZg1nX6JZsFk4J
2 - https://www.marketwatch.com/livecoverage/q2-gdp-report-u-s-economy-forecast-to-have-accelerated-between-april-and-june/card/gdp-shows-u-s-grew-at-solid-2-8-annual-pace-in-second-quarter-recession-signs-faint--nKeaamFc3ksSt8ksYLa2
3 - https://www.marketwatch.com/livecoverage/pce-report-for-june-inflation-could-surprise-to-upside-after-gdp-numbers/card/consumer-spending-rises-again-and-keeps-the-economy-expanding-but-staying-power-questioned-HtmlPTGq1Meqpwj0CBKt
4 - https://www.cnbc.com/2024/07/23/june-home-sales-slump.html
5 - https://www.marketwatch.com/story/consumer-sentiment-stuck-at-8-month-low-on-inflation-angst-56c3286d?mod=economy-politics
6 - https://www.cnbc.com/2024/07/23/is-the-us-in-a-recession-about-3-in-5-americans-think-so-report-finds.html
7 - https://www.freddiemac.com/pmms
8 - https://www.redfin.com/news/home-purchase-cancellations-june-2024/
9 - https://www.redfin.com/news/home-purchase-cancellations-june-2024/
10 - https://www.cnbc.com/2024/07/29/home-insurance-premiums-rose-21percent-in-2023-partly-due-to-climate-change.html
LINKS:
~~~~
JOIN RealWealth® FOR FREE 🏡👇
https://realty.realwealth.com/join-now/
~~~~
FOLLOW OUR PODCASTS🎤️👇
The Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS
Real Estate News: Real Estate Investing Podcast: https://link.chtbl.com/REN
~~~~
READ BOOKS BY RealWealth FOUNDERS📖👇
The Wise Investor by Rich Fettke: https://tinyurl.com/thewiseinvestorbook
Retire Rich with Rentals by Kathy Fettke: https://tinyurl.com/retirerichwithrentals
~~~~
FREE RealWealth EDUCATION & TOOLS👇
RealWealth market reports: https://realwealth.com/learn/best-places-to-buy-rental-property/
RealWealth webinars: https://realwealth.com/thursday-webinars/
RealWealth videos: https://realwealth.com/category/video/
RealWealth Assessment™: https://realwealth.com/assessment/
~~~~
MORE INFORMATION
RealWealth stories: https://realwealth.com/stories/
Become a RealWealth property team: https://realwealth.com/new-team/
Check out our syndications at Grow Developments: https://growdevelopments.com/
~~~~
FOLLOW US ON INSTAGRAM:
Kathy: @kathyfettke or https://www.instagram.com/kathyfettke/
Rich: @richfettke or https://www.instagram.com/richfettke/
RealWealth: @realwealth or https://www.instagram.com/realwealth/
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...
Published 11/27/24
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...
Published 11/22/24