The Real Estate News Brief: Pressure Building for Rate Cut, Top Cities for Renters, Values Rise Size Falls… for Lots!

Real Estate News: Real Estate Investing Podcast

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.

Links:

Register for Mid-Year Economic Update with Kathy Fettke & John Chang Webinar: https://attendee.gotowebinar.com/register/489691033155567445

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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/