Real Estate News: Real Estate Investing Podcast
782 episodes - English - Latest episode: 11 days ago - ★★★★★ - 542 ratingsDon’t get caught off guard by market crashes that can take all your money down with them. And don’t miss out on markets where you can build wealth practically overnight. Real Estate News for Investors with Kathy Fettke is the premiere source for savvy real estate investors who want to stay up-to-date on new laws, regulations, and economic events that affect real estate. Topics include: market trends, economic analysis that affects housing prices, updates on the best rental markets for investing in single-family rentals or multi-unit rentals, turn-key housing standards, the fate of the highly revered 1031 exchange and other tax law affecting investors, self-directed IRA investing and 401k changes, where rents and property values are rising or falling, flipping risks, new Dodd-Frank rules regarding private lending and financing standards, areas with job losses vs job growth, areas that are overbuilt or over-supplied versus areas with low supply and high demand, and how to avoid real estate scams.
We'll bring you the latest reports from organizations like the National Association of Realtors, Realty Trac, Fannie Mae, Freddie Mac, Zillow, Trulia, Redfin, Rent Range, Property Radar, the Norris Group, Peter Schiff, Robert Kiyosaki’s Rich Dad, Suse Orman, Bigger Pockets, Dave Ramsey and more. And we'll help you interpret the data in terms that make sense for your real estate goals, and portfolio. Grow and protect your wealth by staying on the forefront of economic data analysis, expert opinions, innovative investing strategies and profitable investment opportunities. We'll share all the top real estate news stories and the best trade secrets investors should know, so you can stay ahead of the curve and make fully informed real estate decisions.
Host Kathy Fettke is Co-CEO of the Real Wealth Network, author of Retire Rich with Rentals and host of the Real Wealth Show on iTunes. She brings decades of media and real estate investing experience, offers her own viewpoints on particular topics, and taps into her network of real estate experts for real world news updates created just for investors like you. Get the real news on real estate on Real Estate News For Investors podcast!
Like what you hear? Don't forget to subscribe! Love what you hear? Please leave us a review! Thanks for listening!
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
The Real Estate News Brief: Rate Cut Predictions, Major Cities Attracting Home Buyers, AI’s Impact on CRE
April 08, 2024 21:25 - 6 minutes - 6.76 MBIn this Real Estate News Brief for the week ending April 6th, 2024... more prognostications on when the central bank may cut rates, which major cities are attracting the most home buyers, and why artificial intelligence could have a negative impact on commercial real estate. We begin with economic news from this past week. Fed Chief Jerome Powell expressed caution about when we might see the first interest rate cut. While many economists have been predicting three rate cuts this year w...
Beware of Scammers Who Use AI to Steal Real Estate!
April 05, 2024 19:31 - 5 minutes - 7.69 MBWith the help of artificial intelligence, there's a new wild, wild west on the internet, where scammers are pretty much free to pick your pocket. Security experts are warning people that you can be scammed out of money or even real estate by deepfake audio or video clips. And there aren’t a lot of safeguards in place right now. The technology is evolving more quickly than security experts can design or implement safeguards. As reported by Bigger Pockets, scammers orchestrated a $25 million...
The Real Estate News Brief: Another Hot Inflation Report, Rent Growth Turnaround, Fed Listening Session
April 02, 2024 02:17 - 6 minutes - 9.45 MBIn this Real Estate News Brief for the week ending March 30th, 2024...yet another hot inflation report that we shouldn’t worry about, a turnaround in rent growth, and criticism for the Fed about the impact of high rates. We begin with economic news from this past week. Another inflation report shows that we still have a few bumps in the road to deal with. The government released a report on the PCE for February which shows a sharp increase in prices. The Personal Consumption Expenditur...
The Real Estate News Brief: Rate Cuts on the Horizon? Home Price Growth vs. Inflation & Indoor Camera Ban for Airbnb Rentals
March 28, 2024 20:41 - 6 minutes - 8.28 MBIn this Real Estate News Brief for the week ending March 23rd, 2024... why the latest Fed meeting provided some assurance about potential rate cuts in the months ahead, what you would pay for a home if home price growth hadn’t outpaced inflation, and how Airbnb is dealing with the use of monitoring devices like indoor cameras. We begin with economic news from this past week. The Fed held rates steady at the March meeting this last week, and suggested that we’re likely to see “three” quarter...
Study: Hundreds of Small Banks Still at Risk Due to CRE Loans
March 25, 2024 23:57 - 4 minutes - 6.79 MBRegional banks are still under pressure because of their exposure to commercial real estate loans. A new study shows that almost 300 banks are at risk of failure if they don’t get an infusion of cash or merge with another institution. And the risk grows as time drags on with higher short-term interest rates. Consulting firm Klaros Group analyzed about 4,000 banks. It found that 282 or more than 7% of the banks in the study are under stress, and that most of the ones at risk are community b...
Japan Ends Long History of Negative Interest Rates
March 21, 2024 22:09 - 3 minutes - 5.36 MBFor the first time in 17 years, Japan is hiking short-term rates from negative to positive. Japan has been battling deflation and economic stagflation since the worldwide economic crisis and was the lone hold-out among several countries experimenting with negative rates. This last week, that experiment ended with a rate hike from negative .1% to between zero and positive .1%. The Japanese economy has been suffering through a very long period of stagflation. This has been going on sinc...
The Real Estate News Brief: More Inflation Concerns, Big Change for Home Sales, Single-Family Construction Hot Spots
March 20, 2024 02:20 - 6 minutes - 8.3 MBIn this Real Estate News Brief for the week ending March 16th, 2024... what the latest inflation reports are telling us, why home sellers might be jumping for joy, and where we’ll be seeing the most single-family construction. We begin with economic news from this past week. Two new inflation reports add to concerns about which way prices are going. The Consumer Price Index and the Producer Price Index both show prices were higher in February with the PPI showing the biggest surprise ...
Inflation Report Surprise and How That Could Impact Rate Cuts
March 16, 2024 00:48 - 4 minutes - 5.68 MBThe latest inflation reports are renewing concerns about whether prices are going up or down. Both the Consumer Price Index and the Producer Price Index were released for the month of February this week. They were both on the hot side but the PPI delivered the big surprise. The Federal Reserve released the CPI on Tuesday which shows that inflation was up .4% for the month and 3.2% from a year ago. Economists had anticipated an increase but the annual rate was slightly higher than they ...
The Real Estate News Brief: Home Selling Sentiment Rises, Builders Are Feeling Bullish, Local Retail Comeback
March 12, 2024 23:42 - 5 minutes - 7.71 MBIn this Real Estate News Brief for the week ending March 9th, 2024... why we might see more homes on the market this spring, what builders are planning for this year, and where local stores are experiencing a big comeback. We begin with economic news from this past week. Federal Reserve Chairman Jerome Powell testified before Congress about the state of the economy and said that it’s “growing at a healthy, sustainable, solid, strong pace.” He also said that policymakers were paying att...
Who’s Slamming on the Real Estate Brakes in Texas?
March 09, 2024 05:42 - 5 minutes - 7.07 MBTexas multifamily developers may have overshot their goal. They have pumped so much new product into the market, that many have slammed on the brakes for new builds as they finish up current projects. According to a detailed report in The Real Deal, Texas apartment developers have produced more apartments than almost any other group of US developers over the last three years. In Dallas, they put more than 20,000 apartments on the market last year. That’s about twice the number of new ...
The Real Estate News Brief: Another Bump “Up” for Inflation, Builder Challenges Continue, and a New Trend in Home Design
March 07, 2024 23:37 - 7 minutes - 9.8 MBIn this Real Estate News Brief for the week ending March 2nd, 2024... you’ll hear what the Fed’s favorite inflation gauge is telling us, the challenges facing builders today, and a popular new trend in home design.... We begin with economic news from this past week. The Federal Reserve’s preferred inflation report came out last week showing the biggest increase in four months. The Personal Consumption Expenditure index or PCE was up .3% in January to an annual rate of 2.4%. The “core” ...
Bumpy Ride for Inflation Battle but No Big Worries with Latest Report
March 01, 2024 03:17 - 4 minutes - 5.67 MBThe latest report on inflation is showing the biggest increase in four months. It’s the PCE report which is the Fed’s preferred inflation gauge, and one that provides important data for a decision on rate cuts. The results were also in-line with expectations and what the Fed expects to be a bumpy ride back to its 2% target. PCE stands for the Personal Consumption Expenditure index. The Fed prefers this report over the Consumer Price Index because it more accurately reflects what substi...
The Real Estate News Brief: All-Cash Home Buyers, Huge Lawsuit Against NAR, Single-Family Rent Growth
February 27, 2024 19:45 - 6 minutes - 9.09 MBIn this Real Estate News Brief for the week ending February 24th, 2024... the 2023 numbers for all-cash home buyers, where NAR stands on a huge class-action lawsuit, and what’s happening with single-family rent growth. We begin with economic news from this past week. Minutes from the Federal Reserve’s late January meeting show that Fed officials are more concerned about cutting rates too soon than they are about waiting too long. Released this last week, the minutes show that most comm...
The Eviction Saga Continues for Landlords Hit by Covid Moratoriums
February 23, 2024 23:27 - 3 minutes - 4.08 MBApartment landlords are finally seeing positive revenue four years after Covid-related rent moratoriums, but the eviction saga continues. Landlords are able to replace non-paying tenants by evicting them, but the legal proceedings don't happen overnight. As you know, Covid triggered eviction moratoriums for tenants who weren’t paying rent. That helped many people who lost jobs, got sick, or had other Covid-related issues. But the protections continued well past the end of the emergenc...
The Real Estate News Brief: Inflation Speeds Up, U.S. Homes Growing Old, Investor Activity in Q4
February 22, 2024 00:59 - 6 minutes - 9.04 MBIn this Real Estate News Brief for the week ending February 17th, 2024... why the latest inflation reports could delay a rate cut, why U.S. homes are growing older overall, and what share of home sales went to investors in the fourth quarter of last year... ...Investors are working their way through the tough housing market, with some success. Redfin reports that investors accounted for 26% of low-priced home purchases in the fourth quarter. And about two-thirds of those investor trans...
Rate Cut Hopes Fade with Ugly CPI Report
February 17, 2024 04:13 - 5 minutes - 7.21 MBThe week began with an inflation report that was anything but pretty. The Consumer Price Index came in hotter than expected for January, upsetting Wall Street and frustrating people who want the Fed to cut rates in the coming months. The report triggered a sharp stock sell-off but stocks have bounced back since then as investors and traders wondered whether they overreacted. The CPI for January came out on Monday, February 5th with a .3% increase for January. Economists had expected a ...
The Real Estate News Brief: More Proof of Slower Inflation, Spring Homebuying Season Kick-Off, Best Short-Term Rental Markets
February 13, 2024 01:01 - 5 minutes - 7.95 MBIn this Real Estate News Brief for the week ending February 10th, 2024... why a no news report about inflation is actually good news, why some real estate agents say the spring homebuying season starts now, and where you’ll find the best short-term markets for this year. You can find the links to this episode in the show notes at newsforinvestors.com. You’ll also find lots of information about the business of long-term rentals at our website. You can join for free and get access to our inv...
Is NY Rent Stabilization at Fault for Multi-Family Sell-Offs, New Banking Crisis?
February 10, 2024 14:00 - 5 minutes - 7 MBTwo big headlines out of New York this week have one thing in common – rent stabilization laws that are destabilizing the value of multi-families. One of those stories is about the sale of two multi-million dollar properties for less than half of the purchase price. The other story is about New York Community Bank which suffered a downgrade to “junk” because of commercial loan losses, including multi-family properties that are sinking in value. We’ve heard a lot about the impact of high in...
Surprise! Your Real Estate Agent is a Bot!
February 10, 2024 03:22 - 4 minutes - 6.32 MBArtificial intelligence is rapidly changing the way that landlords and property managers are handling rental screenings, and it’s making the leasing process better for everyone. But it isn’t just for rentals. Many home buyers are also getting the kind of help they need from what some are calling “robot realtors.” I thought I’d talk about a few ways that AI is rapidly changing the real estate world. For rentals, an AI assistant can be the one handling all the questions and the scheduli...
The Real Estate News Brief: Fed Rate Cuts in 2024, Homeownership Dips in Q4, Millennial Message to Boomers
February 07, 2024 01:46 - 5 minutes - 7.96 MBIn this Real Estate News Brief for the week ending February 3, 2024... what the Fed Chief is saying about when the rate cuts will begin, what happened to the homeownership rate in Q4, and why Millennials are worried about aging Baby Boomer homes. That’s it for today. If you are working on your investing plan for this year and need a better focus, check out our RealWealth webinar: The Focused Investor: 4 Steps to Success in 2024. You’ll find it at newsforinvestors.com under the Learn tab. B...
Fed Chief Powell: Don’t Count on a Rate Cut in March!
February 03, 2024 01:16 - 3 minutes - 3.9 MBThe Federal Reserve is squashing hopes for a rate cut in March. The Federal Open Market Committee met this week and left rates where they are, but the bigger message from policymakers: There are no plans yet to cut rates. Hi I’m Kathy Fettke and this is the Real Estate News for Investors. Please make sure you are subscribed, and when you have a minute, leave us a review and let us know how we’re doing! This episode is a quick update on the Fed’s latest policy meeting. The committ...
How to Kill an Airbnb Housing Market
February 02, 2024 03:46 - 4 minutes - 5.25 MBIf you’ve ever wondered how local regulations might impact your Airbnb rental plans, you might get a few insights from a tourist destination in Southern California. Palm Springs and eight other nearby cities have been an attractive market for Airbnb investors, especially during the pandemic. But the backlash against short-term rentals has led to strict regulations, investor losses and a depressed housing market in many of those high-demand neighborhoods. Hi, I'm Kathy Fettke and this ...
The Real Estate News Brief: Fed’s Favorite Inflation Gauge, Renters Struggling to Pay Rent, Finding Fixer Uppers
January 30, 2024 02:12 - 7 minutes - 9.84 MBIn this Real Estate News Brief for the week ending January 27th, 2024... you’ll hear the latest good news on inflation, how many tenants are struggling to pay rent, and where you can still find fixer uppers worth fixing... ...That’s it for today. You can read more about the stories in this episode by following links in the show notes at newsforinvestors.com. You can also sign up for a free RealWealth membership while you are there, if you haven’t already. You’ll find the help you need to c...
Real Estate News Brief: Fed Calls for Rate Cut Patience, Single Familiy Rent Growth, Top Metro for Rental Search
January 24, 2024 01:00 - 6 minutes - 6.62 MBIn this Real Estate News Brief for the week ending January 20th, 2024... what Fed officials are saying about rate cuts, metros with the highest single-family rent growth, and the most searched metro for rental listings... ...If you’re looking a metro that is getting searched the most by potential renters, then Atlanta may be your city. RentCafe says that Atlanta rental listings attracted the most attention from users, and the Georgia capital “the apartment market to watch in 2024.” I...
The Real Estate News Brief: Inflation Wobbles, Scotus Deliberates CA Builder’s Fee, Apartment Supply to Surge Again
January 18, 2024 07:39 - 6 minutes - 6.66 MBIn this Real Estate News Brief for the week ending January 13th, 2024... what the latest two inflation reports are telling us about the months ahead, why the US Supreme Court is debating a California builder’s fee, and how a new apartment surge is impacting investors... ...That’s it for today. You can read more about the stories in this episode by following links in the show notes at newsforinvestors.com. If you’d like to know more about how to buy real estate for investment purposes, ...
What's Trending for Real Estate and Design in 2024?
January 16, 2024 19:07 - 5 minutes - 5.59 MBDo you have a checklist of essentials for a property you’d like to buy? Or you might be upgrading a home for sale, or renovating a property for future tenants, or making design choices for a development project. Whatever direction you are headed with real estate, it’s a good idea to know what’s trending right now in the real estate market. The National Association of Realtors just published an interesting list of real estate trends to watch over the next year, and I thought I’d share s...
The Real Estate News Brief: A More Hawkish Fed, Zillow’s Hot Housing Markets, U-Haul’s List of Growth States
January 11, 2024 02:15 - 7 minutes - 7.96 MBIn this Real Estate News Brief for the week ending January 6th, 2024... why economists are getting a more hawkish message from the Fed, what Zillow is listing as the hottest housing market in 2024, and the top growth states according to U-Haul. If you happen to be in the SF Bay area on Jan 20th, I'd love to meet you at our live event. You can get the details at GrowDevelopments.com under the event tab. I'll be giving my 2024 Economic forecast, plus I'll share about our newest syndicati...
The Real Estate News Brief: Inflation Report Shows Progress, Recession Forecast for New Year, Where Investor Sales Are Booming
January 06, 2024 00:26 - 5 minutes - 6.03 MBIn this Real Estate News Brief for the final two weeks of 2023... you’ll hear the results of the last inflation report along with a few predictions for 2024 and some surprising data on the number of investors buying real estate in the Dallas area. We begin with a report on the Personal Consumption Expenditures index which is the Fed’s favorite inflation gauge. It shows the PCE dipped .1% in November for an annual rate of 2.6%. The core rate went in the opposite direction with a .1% inc...
Real Estate Tech Transformation: What’s Next in 2024?
January 04, 2024 01:54 - 6 minutes - 7.29 MBHappy New Year! And welcome to the 9th year of Real Estate News for Investors. I'm Kathy Fettke, and I want to take this moment to thank you for being a loyal listener. And a shout out to some of our very kind recent reviews. Thanks Chris W Ball for saying this show "is the most relevant, factual and considerate real estate information I get all week." and to Johnny Mously who said, "Love the news. The podcast gets to the current points. I admire her unbiased opinions. This show needs to b...
Rental Application Fraud Goes Viral on Social Media!
December 26, 2023 17:00 - 5 minutes - 5.58 MBRental application fraud has always been a problem, but there’s a new trend on social media to share techniques for duping your future landlord. Deceptive tenants are learning from people boasting about their success at scoring luxury apartments with fake documents… and sharing tips on how to create them. Bisnow published an extensive report on the problem just recently. It’s called “How Renters Are Using TikTok, X to Defraud Landlords at Luxury Apartments.” But it isn’t “just” luxury apa...
Real Estate News Brief: Fed Spread Holiday Joy, Inflation Losing Its Luster, Redfin’s 2024 Housing Forecast
December 21, 2023 04:18 - 5 minutes - 5.86 MBIn this Real Estate News Brief for the week ending December 16th, 2023… why homebuyers are happy about the Fed’s rate hike decision, how inflation is losing its battle against the Fed, and what Redfin says about the 2024 Housing Market. We begin with economic news from this past week, and a Fed decision that spread some holiday joy among homebuyers. Fed officials held their December meeting and announced that short-term lending rates would remain where they are, between 5.25% and 5.5%....
Housing Market Joy After Fed Hints at 2024 Rate Cuts
December 18, 2023 17:57 - 4 minutes - 5.07 MBThe Federal Reserve has put a little joy into the hearts of homebuyers this Holiday season. The December FOMC meeting closed with no rate hike, and instead hints of rate cuts next year. That drove the stock market up, with bond yields and mortgage rates coming down... ...And if you want even lower rates, the San Antonio and Jacksonville property teams listed on the Real Wealth website offer investor loans under 5%. Check it out at newsforinvestors.com. And if you want to better understa...
Will Congress Ban Hedge Funds Ownership of Single-Family Rentals and Force Them to Sell?
December 16, 2023 04:44 - 6 minutes - 7.42 MBThere’s a new effort in Congress to keep big landlords from owning single-family homes. Democrats in the Senate and House introduced legislation that would ban hedge funds from owning rental homes and force them to sell off what they have over ten years. But that bill and a second one both appear to target any large real estate investor, not just hedge funds. The legislation is called the “End of Hedge Fund Control of American Homes Act of 2023.” It was introduced by Senator Jeff Merkl...
The Real Estate News Brief: Mortgage Rates Drop, 2024 Real Estate Trends, Destination: North Texas
December 14, 2023 23:26 - 5 minutes - 6.47 MBIn this Real Estate News Brief for the week ending December 9th, 2023… the latest big drop in mortgage rates, what Redfin is predicting for 2024, and another reason to live, work, visit, or invest in North Texas. We begin with economic news from this past week. Several financial institutions are predicting a noticeable economic slowdown in the fourth quarter. BofA is forecasting a GDP of just 1%. Goldman and the Atlanta Fed lowered their GDP estimate to 1.4 for Q4.. This follows a revi...
NY Landlords Push for Easy Unpaid Rent Solution
December 12, 2023 20:30 - 4 minutes - 5.31 MBNew York landlords are hoping to resolve unpaid rent issues without going to housing court. It’s a plan that could save time and money for both tenants and landlords, but tenant advocates are fighting against the proposal, claiming it will cause more harm than good. Landlords say tenant groups are angry because they weren’t consulted before it was proposed to officials. But, there’s a reason for that which I’ll share with you. New York is not known as a landlord-friendly state and is o...
The Real Estate News Brief: Fed Feedback on Inflation, New Conforming Loan Limits, North of Dallas Population Growth
December 06, 2023 23:34 - 7 minutes - 7.69 MBIn this Real Estate News Brief for the week ending December 2nd, 2023... what the Fed thinks of the latest inflation report, how much home you can buy with a conforming loan in 2024, and where you’ll find a hot housing market and mushrooming population growth... ...I’m excited to share this next story with you about a Texas market that is expanding rapidly. It’s an area north of Dallas, in Collin County, which is attracting businesses and new residents at a very fast pace. According to...
What Are Your Wealth Goals? What Will It Take to Get You There?
December 01, 2023 20:49 - 4 minutes - 4.71 MBWhen asked how much money a person needs to be wealthy the magic number is currently about $2 million. But many people who have far less than that say they already feel wealthy today, for other reasons. So what’s the catch? According to a Charles Schwab survey, there’s more to “wealth” than a dollar sign. Earlier this year, Schwab conducted its seventh annual Modern Wealth Survey. It took place in early March with about 1,000 participants. While all those people suggested an average $2.2 m...
The Real Estate News Brief: Why Renters Prefer to Rent, Apartment Rental Concessions, Trend Reversal for Home Size
November 29, 2023 02:01 - 5 minutes - 6.32 MBIn this Real Estate News Brief for the week ending November 25th, 2023... you’ll find out why many Americans are choosing to rent, why apartment landlords are offering more concessions, and a trend reversal for home size. We begin this episode with a few economic reports that were released before the Thanksgiving holiday on Thursday. The weekly unemployment report shows a drop in the number of people filing for benefits. New jobless claims were down 24,000 to a total of 209,000. It was...
The Real Estate News Brief: Two Great Inflation Reports, Big Tax Break in Texas, 4% Withdrawal Rule for Retiree
November 21, 2023 23:57 - 5 minutes - 6.02 MBIn this Real Estate News Brief for the week ending November 18th, 2023... you’ll hear about two great inflation reports, a big tax break for Texas property owners, and the latest on the former 4% withdrawal rule for retirees. We begin with economic news and two great inflation reports from this past week. The government released the latest CPI and PPI reports for October. The Consumer Price Index was “flat” for the month and that brought the annual rate of inflation down from 3.7% to 3...
Seller Financing Could Be Your Ticket to a Low-Cost Loan, But Is It Right For You?
November 21, 2023 00:20 - 5 minutes - 5.45 MBBuying a new home might get you a nice interest rate from a builder offering buydowns, but what about the purchase of an existing home? If you find the right deal and a seller who has financial flexibility, you might be able to negotiate seller financing at a lower interest rate. It’s a strategy that has been more common among investors, but some realtors say they are seeing more of these deals as buyers try to lower their monthly mortgage payments... ...You’ll find links on this topi...
The Real Estate News Brief: Home Buyer Assistance Programs, 2024 Retirement Account Contributions, New 2024 Tax Brackets
November 14, 2023 02:03 - 6 minutes - 7.26 MBIn this Real Estate News Brief for the week ending November 11th, 2023... how many home buyers are lowering their payments, what the IRS will let you contribute to your retirement accounts in 2024, and the new IRS tax brackets that are going higher thanks to inflation... ...If you’d like to know more about how to buy rental properties in today’s tough market, please sign up for a free RealWealth membership. It’s quick and easy to sign up and will give you complete access to our website wh...
The Real Estate News Brief: The Latest Decision on Rates, What’s Next for the Fed, Mortgage Rate Ripple Effect
November 10, 2023 06:08 - 6 minutes - 7.29 MBIn this Real Estate News Brief for the week ending November 4th, 2023... where the Fed stands on short-term rates, what the Fed is expected to do next, and how mortgage rates are creating an economic “ripple effect.” We begin with economic news from this past week. The headline event was the Fed’s monetary policy meeting. As many economists expected, Fed officials kept the short-term Federal Funds rate unchanged at 5.25% to 5.5%. That’s a 22-year high. Fed Chief Jerome Powell said that...
Fed Survey on Near-Term Economic Risks
November 09, 2023 07:09 - 4 minutes - 4.94 MBMany investors are wondering what the most worrisome near-term risks are in today’s economy. Twenty-five of the nation’s most informed professionals have offered their opinions in a survey by the Federal Reserve Bank of New York. There are a number of risk factors that made the list, but, unsurprisingly, inflation and the possibility of more rate hikes that could trigger a recession continue to be a top concern. The survey was taken a few weeks ago, from August 10th through October 4th...
Verdict Threatens NAR’s Grip on the Real Estate Industry
November 04, 2023 03:22 - 4 minutes - 4.97 MBNAR plans to appeal a verdict in a case that many say will weaken the association’s grip on the real estate industry. NAR and several other defendants were convicted of conspiring to keep brokerage commissions artificially high. Many industry experts are now speculating on how this will change the way homes are bought and sold. But NAR said in a news release that this case is far from over. The class-action lawsuit included more than 260,000 people who sold homes in Missouri, Kansas, a...
The Real Estate News Brief: Inflation Still Simmering, New Home Buying Surge, “Survive to 2025”
November 02, 2023 00:53 - 5 minutes - 6.28 MBIn this Real Estate News Brief for the week ending October 28th, 2023... inflation is still simmering, homebuyers come on strong in September, and the “Survive to 2025” mess from one real estate group. We begin with economic news from this past week that was highlighted by a report on inflation. The Personal Consumption Expenditures price index, or PCE, rose more than expected in September. The government reported a .4% increase which translates into an annual rate of 3.4%. That’s stil...
The Real Estate News Brief: Mortgage Rates Hit 8%, City With Biggest Rent Decrease, Millions of U.S. Homes Sit Empty
October 25, 2023 22:34 - 5 minutes - 6.36 MBIn this Real Estate News Brief for the week ending October 21st, 2023... the mortgage rate milestone we didn’t want to see, proof that the laws of supply and demand are functioning in the housing market, and why five million U.S. homes are vacant in the midst of a housing crunch. We begin with economic news from this past week. Federal Reserve Chairman Jerome Powell spoke at the Economic Club of New York and said that inflation is still too high. But he acknowledged progress and says it’s ...
New Real Estate Opportunity in California!
October 20, 2023 23:22 - 3 minutes - 3.81 MBA new law in California is building on the ADU movement, by allowing homeowners to “sell” their ADUs as condos. The law was one of dozens signed by Governor Gavin Newsom in early October to boost the state’s housing supply. This law will give homeowners an opportunity to create wealth from the sale of the ADU, and buyers the opportunity to own more affordable homes. California Assemblyman Phil Ting of San Francisco drafted AB 1033 to increase homeownership in a state that has grown too exp...
What Investors Should Know About Solo Renters
October 19, 2023 00:52 - 4 minutes - 4.85 MBYou might a surge in the number of renters becoming roomies to share the high cost of rent, but a new study shows the opposite. A study by RentCafe shows a significant increase in tenants renting alone, the generations that are driving the surge, the cities they are choosing to live in, and how much extra income they need to go it alone. According to RentCafe, the number of solo renters in the U.S. was up 6.7% to 16.7 million people between the years 2016 and 2021. That’s about one mil...
The Real Estate News Brief: September Inflation Reports, Rent-to-Income Hits 40%, 2024 Social Security COLA
October 16, 2023 21:51 - 6 minutes - 6.41 MBIn this Real Estate News Brief for the week ending October 13th, 2023... two September inflation reports, a big jump in the rent-to-income ratio, and the 2024 COLA for Social Security recipients. We begin with economic news from this past week. Two inflation reports are among the headlines. The Consumer Price Index, or CPI, was hotter-than-expected, mostly due to rising shelter costs and gas prices. The Labor Department reported a .4% increase in September. That’s down from a .6% incre...
The Real Estate News Brief: Mortgage Rate Volatility, Request to Stop Rate Hikes, Member Shake-up at NAR
October 13, 2023 02:28 - 6 minutes - 6.64 MBIn this Real Estate News Brief for the week ending October 7th, 2023… what’s driving mortgage rate volatility, what the housing industry wants from the Fed, and why brokers are severing ties with the National Association of Realtors. As for economic news for the last week… The Treasury yield has been on a bit of an upward trend and hit 4.80% last week. That’s a 16-year high and bad news for mortgage rates because high Treasury yields translate into higher mortgage rates. But since I’m ...