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

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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The affordable housing gap is growing with a huge 7.2 million rental homes needed to meet demand. A new report on the supply of affordable homes in the US shows that no state has enough supply to meet the needs of low-income renters. 
 
Hi I’m Kathy Fettke and this is Real Estate News for Investors. Find out more about how you can provide affordable single-family rental homes as a RealWealth member. It’s free to join and to learn how to invest wisely. Go to newsforinvestors.com. And please remember to subscribe to this podcast!
 
This new study is called: “The Gap: A Shortage of Affordable Homes.” The National Low Income Housing Coalition conducts this study every year to determine the extent of this unmet demand. The 7.2 million figure refers to a shortage of homes for extremely low-income families or what’s referred to as ELI renter households. These families have incomes which are at or below the poverty level or are earning just 30% of the median income in their areas...
 
Links:
 
1 - https://www.housingfinance.com/news/u-s-has-gap-of-over-7-2-million-affordable-and-available-rental-homes_o

 
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In this Real Estate News Brief for the week ending May 4th, 2024… why the Fed is holding firm on interest rates, what economists are saying about consumer spending, and why a NY landlord may be forced to live in one of his poorly maintained buildings.
 
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you want more helpful information about real estate, the housing market, and rental property investment, please sign up for a free RealWealth membership at newsforinvestors.com. And please remember to subscribe to this podcast!
 
We begin with economic news from this past week. The big headline came from the Federal Reserve. Members of the Federal Open Market Committee decided to keep short-term rates right where they are, saying there’s a “lack of further progress” on inflation. The federal funds rate has been within a range of 5.25 and 5.50% since July of 2023. There had been hope for a rate cut this spring but inflation has been inching higher instead of lower since the beginning of the year. The Fed wants to see a more sustainable decline toward the Fed’s 2% target before it initiates a rate cut.
 
During his post-meeting speech, Fed Chief Jerome Powell emphasized that “inflation is still too high” and that the data has not given the central bank confidence that inflation is moving sustainably toward the target rate. But he did offer some assurance that it’s unlikely that the Fed would be hiking rates at the next meeting. That triggered a lot of joy on Wall Street and a big stock rally. The Dow was up as much as 500 points at one point... 
 
Links:
 
1 - https://www.cnbc.com/2024/05/01/fed-rate-decision-may-2024-.html
 
2 - https://www.cnbc.com/2024/05/01/fed-meeting-today-live-updates-on-may-fed-rate-decision.html
3 - https://www.marketwatch.com/story/feds-bowman-says-shes-still-willing-to-raise-rates-10c39c38?mod=mw_rss_topstories
 
4 - https://www.marketwatch.com/story/jobless-claims-inch-up-to-208-000-layoffs-still-extremely-low-7020b3f1?mod=economic-report
 
5 - https://www.marketwatch.com/story/home-prices-hit-new-all-time-high-case-shiller-says-in-the-face-of-economic-uncertainty-98aa35cc?mod=economic-report
 
6 - https://www.marketwatch.com/story/construction-spending-posts-bigger-than-expected-drop-e0f15c88?mod=economic-report
 
7 - https://www.freddiemac.com/pmms
 
8 - https://www.cnbc.com/2024/05/01/starbucks-mcdonalds-yum-earnings-show-consumers-pulling-back.html
 
9 - https://www.cnbc.com/2024/05/03/jobs-report-april-2024-us-job-growth-totaled-175000-in-april.html
 
10 - https://www.bisnow.com/new-york/news/multifamily/new-yorks-worst-landlord-indicted-on-80-counts-124094