The Real Estate News Brief: The Fed Says "The Time Has Come", How Low Do Mortgage Rates Need to Go?, and Where You'll Find the Hottest Real Estate Market in the U.S.
Manage episode 436964970 series 2915908
In this Real Estate News Brief for the week ending August 24th, 2024... why Fed Chief Jerome Powell is saying “the time has come,” how low do mortgage rates need to go, and where you’ll find the hottest real estate market in the U.S.
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. I’d like to take a moment to invite you to an event my hubby, Rich, and I are hosting at a Colorado climbing gym! We’re celebrating the launch of our book “Scaling Smart” and would love to have you join us! It’s a free event although you need to pre-order our book. The event is happening in Denver on September 8th. You can register and get more info by clicking on a link in the show notes below or at newsforinvestors.com.
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REFERENCES:
1 - https://www.bisnow.com/national/news/capital-markets/the-time-has-come-powell-indicates-rate-cut-on-the-way-in-september-125619 2 - https://www.cnbc.com/2024/08/23/fed-chair-powell-indicates-interest-rate-cuts-ahead-the-time-has-come-for-policy-to-adjust.html 3 - https://www.marketwatch.com/livecoverage/jackson-hole-news-key-fed-conference-kicks-off-with-market-focused-on-rate-cut-talk/card/the-inflation-surge-had-many-causes-powell-says-government-stimulus-was-one-of-them--zZlSpYyYz5TG24sU4r3n 4 - https://www.marketwatch.com/story/fed-set-to-cut-interest-rates-in-september-fomc-minutes-show-some-even-favored-july-move-a7892c4d 5 - https://www.marketwatch.com/story/jobless-claims-edge-higher-but-layoffs-still-low-even-as-labor-market-cools-288db751?mod=economy-politics 6 - https://www.marketwatch.com/story/new-home-sales-surge-to-highest-level-since-may-2023-3c9fc4ff?mod=economic-report 7 - https://www.freddiemac.com/pmms 8 - https://www.realtor.com/news/trends/waiting-for-interest-rates-to-drop-before-buying-a-house/ 9 - https://www.cbsnews.com/news/oshkosh-wisconsin-hottest-real-estate-market-in-us/~~~~
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
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