Real Estate News: Real Estate Investing Podcast Kathy Fettke | RealWealth

Investor purchases of single-family homes increased last month. According to a new Redfin report shows investors captured more of the single-family market in the first quarter than they did a year earlier. And it was the first time for this kind of activity since mid-2022.
 
I’m Kathy Fettke and this is Real Estate News for Investors. If you’d like to increase your share of the real estate market, join me on our upcoming real estate tour on June 8th in San Antonio. We'll have a meet and greet the night before somewhere very cool and then tour properties, including brand new duplexes and quads that come with a 4.25% interest rate. Yes you heard me right. RealWealth has negotiated a deal with the builder to buy down rates, so check it out at newsforinvestors.com. You’ll find our upcoming webinars and property tours under the  “Connect” tab. 
 
And you won't be alone. As the Redfin report shows, investors are scooping up as many residential properties as they can. Redfin says that investors bought about 44,000 homes in the first quarter or 18.7% of all the homes purchased in the US. That’s up from 17.9% the year before, and represents a .5% increase. 
 
The numbers represent all homes including single-family homes, townhomes, condos and multifamilies, but Redfin says the surge was mostly driven by investors buying single-family homes. Redfin says that single-family homes accounted for 69.9% of all the residential properties bought by investors. The analysis included a look at 39 of the largest US metros by both large and small investors...
 
...You’ll find a link to the Redfin report in the show notes at newsforinvestors.com.
 
Don’t forget to subscribe to the podcast!
 
Thanks for joining me for Real Estate News for Investors.
Kathy
 
Links:
 
1 - https://www.businesswire.com/news/home/20240515822104/en/Redfin-Reports-Investor-Home-Purchases-Rise-for-the-First-Time-in-Nearly-Two-Years
 
2 - https://www.redfin.com/news/investor-home-purchases-q1-2024/

In this Real Estate News Brief for the week ending May 25th, 2024... what the Fed meeting minutes are telling us about inflation, how much single-family homes are shrinking, and which cities are attracting millennials.
 
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Before we get started, I want to invite you to join me in San Antonio for our property tour on June 8. We will be meeting with a builder there who has brand new duplexes and 4plexes for sale, and is willing to buy down the interest rate for our Real Wealth investors. You can get the details at newsforinvestors.com, just sign up for a free membership and click on the Connect tab for info on our tours. See you there!
 
Now let's begin with economic news from this past week. Minutes from the Federal Reserve’s last monetary policy meeting show that officials are becoming more concerned about a lack of progress on inflation. Members of the Federal Open Market Committee noted that inflation has come down a lot over the past year but is currently stalled. Several expressed a willingness to raise rates further if necessary, although some Fed officials, including Fed Chief Jerome Powell, have said publicly that they don’t think their next move will be a rate hike. Short-term rates have been in a range of 5.25% to 5.5% since July of last year...
 
...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. And please remember to subscribe to this podcast, and leave a review!  
Thanks for listening!
Kathy Fettke
 
Links:
 
1 - https://www.cnbc.com/2024/05/22/fed-minutes-may-2024-.html
 
2 - https://apnews.com/article/federal-reserve-rates-inflation-prices-loans-economy-64f3d844d7bef34e6c184be7e242b29f
 
​​3 - https://www.cnbc.com/2024/05/22/fed-officials-seem-to-have-no-idea-about-inflation-strategist-says-.html
 
4 - https://www.marketwatch.com/story/jobless-claims-fall-again-to-215-000-strong-labor-market-fuels-u-s-economy-0b866f13?mod=search_headline
 
5 - https://www.marketwatch.com/story/new-home-sales-dip-as-builders-feel-the-toll-of-higher-mortgage-rates-caf7f9f5?mod=mw_latestnews
 
6 - https://www.marketwatch.com/story/housing-supply-hits-highest-level-since-october-2021-but-home-sales-dip-a5fb0a81?mod=mw_latestnews
 
7 - https://www.freddiemac.com/pmms
 
8 - https://eyeonhousing.org/2024/05/new-single-family-home-size-decline-continues/
 
9 - https://www.bisnow.com/dallas-ft-worth/news/industrial/google-to-open-1m-sf-distribution-center-north-of-fort-worth-124343
 
10 - https://finance.yahoo.com/news/5-cities-becoming-popular-millennials-184648436.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAI_Cm2MsSRUD17lSNhW1SE6dmtDy882DSNC4V8y9sCfZIJzm3gBlfCiZ62ExlnllnHZDIkYzIfjFns47s-9llclGmcNpb9wkAPAJpwcF0mmC4DPQo9Wg8OsOLAdHW9jaF8yucA1DLiko_moOkuxT4FxqoZhj-GBllMlT9FDm7_i5

When it comes to home buying priorities, a lot depends on the age of the buyer. An analysis by the New Home Trends Institute shared data about the four generations that are currently buying or planning on buying homes and how much they differ from each other.
 
Hi I’m Kathy Fettke and this is Real Estate News for Investors. 
 
Now, back to our story about the generational differences among home buyers – You’ve got the Baby Boomers, the Gen X’ers, the Millennials, and Gen Z or the Zoomers. John Burns published this information as a Zoomers to Boomers analysis...
 
...That’s it for this episode. You can immerse yourself in all the latest data on rental markets and investing strategies as a RealWealth member. Sign up for free at newsforinvestors.com.
 
Thanks for listening! And don’t forget to hit the podcast subscribe button!
Kathy
 
Links:
 
1 - https://jbrec.com/insights/from-boomers-to-gen-z-housing-priorities-by-generation/?utm_campaign=BMI&utm_medium=email&_hsenc=p2ANqtz-_hhUV-sdHm4MX64-JN2P1EZD6B1B9J4cGVHTQhL03OPzbvzU0elwMHhWwWi4Tufl2ejzZMJklYAkfRXahqRKALSv4Krk_lsxH7ehv5b1yVdUDJiI4&_hsmi=307417939&utm_content=307417939&utm_source=hs_email
 
2 - https://www.marketwatch.com/story/8-in-10-baby-boomer-renters-would-rather-rent-than-buy-a-house-heres-why-9a382420
 
3 - https://www.housingwire.com/articles/more-baby-boomers-are-becoming-renters/

In this Real Estate News Brief for the week ending May 18th, 2024... what the latest two inflation reports are telling us, how several Fed officials are responding to those reports, and which cities are the best for short-term rentals. 

Before we begin, we'd like to let you know that you can become a member of RealWeath for free! Just head over to newsforinvestors.com. You’ll have access to a free education on real estate investing and the opportunity to build financial security through real estate.
 
And while you're there, be sure to look under the Connect tab for our property tours. We have one coming up for San Antonio on June 7th and 8th and give property tours in the North Dallas area every month. 

Now we begin with economic news from this past week that gave us a pair of mixed inflation reports. The Producer Price Index for April shows an unexpected .5% jump in wholesale prices while the Consumer Price Index shows a better-than-expected .3% increase in consumer prices. The April results bring the annual PPI up to 2.2%, and lower the annual CPI to 3.4%. The results for the core rate were similar with the PPI increasing slightly and the CPI decreasing slightly.
 
Although the first report triggered another wave of concern about where inflation is headed, the second report helped settle a few nerves. And they didn’t do much to ruffle the feathers of Fed Chief Jerome Powell. He spoke after the PPI was released, and said that inflation has remained higher than expected but that he still expects it to move down...
 
...Please subscribe to this podcast and thanks for listening! 
 
Kathy
 
Links:
 
1 - https://www.marketwatch.com/story/powell-says-he-expects-inflation-to-move-down-but-isnt-completely-confident-in-this-forecast-6ae0d320?mod=search_headline
 
2 - https://www.cnbc.com/2024/05/14/powell-says-inflation-has-been-higher-than-thought-and-expects-rates-to-hold-steady.html
 
3 - https://www.marketwatch.com/story/wholesale-inflation-surges-again-ppi-shows-inflation-still-sticky-55cbb168?mod=mw_latestnews
 
4 - https://www.marketwatch.com/livecoverage/april-cpi-inflation-report-forecast-to-show-another-hefty-advance/card/consumer-prices-rise-again-in-april-but-inflation-rate-slows-SAZWlU4VvdwWRUNm9FIG
 
5 - https://www.fxstreet.com/news/fed-policymakers-comments-awaited-after-april-inflation-data-202405161019
 
6 - https://www.marketwatch.com/story/jobless-claims-subside-from-8-month-high-and-signal-layoffs-are-still-low-6c713465?mod=economy-politics
 
7 - https://www.marketwatch.com/story/housing-starts-rebound-in-april-as-u-s-continues-to-grapple-with-inventory-shortage-e32feb3c?mod=search_headline
 
8 - https://eyeonhousing.org/2024/05/higher-interest-rates-keep-single-family-housing-starts-flat-in-april/
 
9 - https://eyeonhousing.org/2024/05/year-over-year-gains-for-single-family-built-for-rent-starts/
 
10 - https://www.freddiemac.com/pmms
 
11 - https://listwithclever.com/research/best-short-term-rental-markets/#best

There’s big news from the University of Maine about the future of fast, cost effective, eco-friendly home construction. The University just announced a new 3D printer that beats the 2019 Guinness World Record for the largest polymer 3D printer. It’s four times the size of its predecessor and can be used by many industries, including the manufacturing of homes.
 
This so-called “Factory of the Future” was unveiled on April 23rd at the University’s Advanced Structures & Composites Center in Maine. The Center is an initiative called Green Energy and Materials or GEM, for short. Within that scope is a commitment to innovative research that contributes to a greener, more sustainable world while boosting economic growth in the state of Maine and beyond.
 
Among those who attended the unveiling were representatives from the US Department of Defense, US Department of Energy, the Maine State Housing Authority and other industry partners and stakeholders. The project was made possible with the help of Senator Susan Collins of Maine who helped secure more than $93 million for this initiative and other defense projects at this location...
 
...That’s it for this episode. You’ll find links to the articles I mentioned in the show notes at newsforinvestors.com. While you are there, take a minute and sign up for a free RealWealth membership. At RealWealth: “We help people create real wealth which is having the money and the freedom to live life on your own terms.” Check us out at newsforinvestors.com. And if you haven’t subscribed to our podcast yet, please do! 
 
Links:
 
1 - https://umaine.edu/news/blog/2024/04/23/umaines-new-3d-printer-smashes-former-guinness-world-record-to-advance-the-next-generation-of-advanced-manufacturing/


2 - https://www.fastcompany.com/91117013/this-gigantic-3d-printer-could-reinvent-manufacturing

In this Real Estate News Brief for the week ending May 11th, 2024... what Fed officials are now saying about rate cuts in 2024, how much income you need to buy a home, and the kinds of compromises buyers are willing to make for a more affordable home.
 
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you have the money but not the time to invest in real estate, join RealWealth. We can help bridge the gap for busy professionals! And please remember to subscribe to this podcast, and leave a review!
 
We begin with a few economic stories from this past week and a focus on this week’s two inflation reports. Minneapolis Fed President Neel Kashkari expects a rate cut at some point, but maybe not this year. He wants to see “multiple positive inflation readings suggesting that the disinflation process is on track.”...
 
Links:
 
1 - https://www.foxbusiness.com/economy/federal-reserve-president-says-rate-cuts-may-not-come-2024
 
2 - https://www.marketwatch.com/story/fed-still-trying-to-assess-if-recent-hot-inflation-readings-mean-economy-is-overheating-goolsbee-says-1e9716d9?mod=mw_rss_topstories
 
3 - https://www.cnbc.com/2024/05/13/inflation-outlook-rises-fueled-by-expected-increases-for-housing-costs-new-york-fed-survey-shows.html
 
4 - https://www.cnbc.com/2024/05/10/consumer-sentiment-tumbles-as-inflation-fears-surge-closely-watched-survey-shows.html
 
5 - https://www.cnbc.com/2024/05/10/consumer-sentiment-tumbles-as-inflation-fears-surge-closely-watched-survey-shows.html
 
6 - https://www.marketwatch.com/story/jobless-claims-climb-sharply-to-highest-level-in-nine-months-5e799341?mod=mw_latestnews
 
7 - https://www.freddiemac.com/pmms
 
8 - https://www.globest.com/2024/05/06/national-median-income-needed-to-buy-a-home-jumps-again/
 
10 - https://eyeonhousing.org/2024/05/top-compromises-buyers-will-make-to-reach-homeownership/
 
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