Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

The Real Estate News Brief: Fed Feedback on Inflation, New Conforming Loan Limits, North of Dallas Population Growth

The Real Estate News Brief: Fed Feedback on Inflation, New Conforming Loan Limits, North of Dallas Population Growth

FromReal Estate News: Real Estate Investing Podcast


The Real Estate News Brief: Fed Feedback on Inflation, New Conforming Loan Limits, North of Dallas Population Growth

FromReal Estate News: Real Estate Investing Podcast

ratings:
Length:
7 minutes
Released:
Dec 6, 2023
Format:
Podcast episode

Description

In 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 the Texas Demographic Center, the county’s population is expected to double by the year 2060.   Why are people and businesses flocking to this area? One - Texas is a business-friendly state, and two - there is no state income tax. The good news there. As Collin County Commissioner Susan Fletcher says: “With an average of 100 people per day, these new residents don’t just bring their cars, they also bring additional need for services and facilities impacting all areas of county government.”   This headline confirms what our RealWealth team has already discovered – that this area is a market that’s growing with people who will need homes. We have already put our chips into that basket, with a rental fund in the North of Dallas area. My Dallas-area partner is overseeing the purchase and renovation of those homes. It’s a way to get the benefits of owning rental property without the job of being a landlord. You do need to be an accredited investor to participate, and the fund is closing soon. You can find out more at growdevelopments.com.   You can read about that story and the others by following links in the show notes at newsforinvestors.com. While you are there, sign up for a free RealWealth membership. You’ll have access to hundreds of webinars, articles, and real estate professionals that can answer your investing questions. And please remember to subscribe to this podcast, and leave a review!   Thanks for listening! -Kathy Fettke   Links:   1 - https://www.marketwatch.com/story/powell-says-premature-to-speculate-on-when-interest-rates-will-be-cut-6bef7a3e?mod=home-page   2 - https://www.marketwatch.com/story/inflation-slows-again-the-feds-preferred-price-tracker-showed-24b53bf3?mod=economy-politics   3 - https://www.cnbc.com/2023/11/29/us-gdp-grew-at-a-5point2percent-rate-in-the-third-quarter-even-stronger-than-first-indicated.html   4 - https://www.marketwatch.com/story/feds-beige-book-finds-economy-has-slowed-and-inflation-too-2a488392?mod=federal-reserve   5 - https://www.marketwatch.com/story/jobless-claims-tick-higher-continuing-claims-highest-in-two-years-704183e3?mod=economy-politics   6 - https://www.marketwatch.com/story/new-home-sales-drop-in-october-to-much-lower-level-than-expected-3c8934eb?mod=mw_latestnews   7 - https://www.marketwatch.com/story/u-s-home-prices-climb-for-seven-month-in-a-row-to-a-record-high-case-shiller-says-0c0d79b4   8 - https://www.marketwatch.com/story/construction-spending-climbs-again-fueled-by-government-spending-and-public-works-db3e8cc3?mod=economy-politics   9 - https://www.freddiemac.com/pmms   10 - https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Announces-Conforming-Loan-Limit-Values-for-2024.aspx   11 - https://therealdeal.com/texas/2023/11/20/collin-county-population-could-double-by-2060/   12 - https://www.reuters.com/graphics/USA-ECONOMY/FED/lgpdwawwzvo/
Released:
Dec 6, 2023
Format:
Podcast episode

Titles in the series (100)

Don’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 the edge. 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 The Real Estate News For Investors Show!