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The Real Estate News Brief: Inflation Speeds Up, U.S. Homes Growing Old, Investor Activity in Q4

The Real Estate News Brief: Inflation Speeds Up, U.S. Homes Growing Old, Investor Activity in Q4

FromReal Estate News: Real Estate Investing Podcast


The Real Estate News Brief: Inflation Speeds Up, U.S. Homes Growing Old, Investor Activity in Q4

FromReal Estate News: Real Estate Investing Podcast

ratings:
Length:
7 minutes
Released:
Feb 22, 2024
Format:
Podcast episode

Description

In 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 transactions were single-family homes.    Looking only at the price points that investors are buying, about 46% were low-priced, 24% were mid-priced, and 28% were high-priced. Redfin agent, Carrie Caruthers, says: “I get tons of emails every day from investors looking for properties, but of course, they only want homes that are under market value, which are hard to come by. When they find those properties, they pile in.”   On that note, I’d like to add that you can get help finding those kinds of properties as a RealWealth member. It’s free to join, and free to access our data and our resources. Potential qualified investors can also sign up for a free Q-and-A session with one of our investment counselors. No obligation, just information and support for your own real estate investing journey. Become a member and check out our website at newsforinvestors.com.   And please subscribe to this podcast if you haven’t already! If you have a few minutes, we’d also love a review.   Thanks for listening! Kathy Fettke   Links:   1 - https://www.cnbc.com/2024/02/13/cpi-inflation-january-2024-consumer-prices-rose-0point3percent-in-january-more-than-expected-as-the-annual-rate-moved-to-3point1percent.html   2 - https://www.cnbc.com/2024/02/16/january-wholesale-prices-rise-0point3percent-more-than-expected.html   3 - https://www.marketwatch.com/story/producer-price-index-rises-0-3-in-january-core-ppi-up-0-6-69e79209   4 - https://www.marketwatch.com/story/jobless-claims-decline-by-8-000-to-212-000-in-feb-10-week-e97ed8b9?mod=economic-report   5 - https://www.marketwatch.com/story/housing-starts-fall-sharply-in-january-to-lowest-level-since-august-2023-8a783ee5?mod=mw_latestnews   6 - https://www.marketwatch.com/story/builder-confidence-index-rises-to-five-month-high-on-expectations-that-mortgage-rates-will-drop-in-the-coming-months-c5d6eeac?mod=economic-report   7 - https://www.freddiemac.com/pmms   8 - https://eyeonhousing.org/2024/02/the-age-of-the-u-s-housing-stock/   9 - https://finance.yahoo.com/news/investors-bought-record-26-affordable-004444276.html   10 - https://www.yahoo.com/news/us-cities-best-quality-life-211016529.html
Released:
Feb 22, 2024
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!