Real Estate News Brief: Big Drop in GDP, Mortgage-Free Homes, and Google’s Plan for Affordable Housing

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Manage episode 238987598 series 1248803
By Kathy Fettke: Real Wealth Network and Kathy Fettke - Real Wealth Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
In this week's Real Estate News Brief... we’ll find out why the dramatic drop in the GDP, how many U.S. households have “no” mortgage, and what Google is doing to make Bay Area housing more affordable. We begin with economic news from this past week that shows a rebound in new home sales. After two month of declines, they rose 7% in June to an annual rate of 646,000. That’s 4.5% higher than June of last year, mostly due to lower mortgage rates. Get the full scoop at: www.NewsForInvestors.com

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