The Real Estate News Brief: Super-sized Rate Cut Surprise, Data Center Goes Nuclear in PA, Amazon’s Remote Worker Mandate
Description
In this Real Estate News Brief for the week ending September 21st, 2024... the rate cut we’ve all been waiting for, the nuclear solution for data center power in Pennsylvania, and Amazon’s new mandate for remote workers.
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Today we are launching our newest syndication, a build to rent community in San Antonio Texas. We have a webinar at 5 pm PT today. You can sign up for that at newsforinvestors.com, click on the invest tab and you'll see the drop down for syndications and our current offerings. If you miss the live webinar, the recording will be uploaded on that page.
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Disclaimer:
The views and opinions expressed in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information, go to www.NewsForInvestors.com
REFERENCES:
1 - https://www.cnbc.com/2024/09/19/the-fed-has-set-out-on-a-recalibration-of-policy-heres-what-powells-new-buzzword-means.html
2 - https://www.cnbc.com/2024/09/18/fed-cuts-rates-september-2024-.html
3 - https://www.marketwatch.com/story/fed-starts-rate-cutting-cycle-with-a-bang-but-wants-it-to-be-the-only-one-a44f0d37?mod=home-page
4 - https://www.marketwatch.com/story/jobless-claims-fall-to-lowest-level-since-may-21127b49?mod=economy-politics
5 - https://www.marketwatch.com/story/a-possible-fed-interest-rate-cut-boosts-home-builders-confidence-484c29d1?mod=mw_latestnews
6 - https://www.marketwatch.com/story/construction-of-new-homes-increased-in-august-3bb12099?mod=economic-report
7 - https://www.marketwatch.com/story/home-sales-fall-to-lowest-level-since-october-2023-9d2a316a?mod=economy-politics
8 - https://www.freddiemac.com/pmms
9 - https://www.cnbc.com/2024/09/18/weekly-mortgage-demand-surges-as-interest-rates-hit-two-year-low.html
10 - https://www.bisnow.com/national/news/capital-markets/multifamily-cre-landlords-face-15t-maturity-wall-125898
11 - https://www.bisnow.com/national/news/data-center/three-mile-island-to-be-reactivated-in-plan-to-feed-power-hungry-data-centers-125986
12 -
https://www.bisnow.com/national/news/office/
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