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

The US is falling behind in its race to build enough homes to meet the demand. Zillow just released a report that shows the housing gap is getting worse despite a pandemic-era building  boom. And it’s this gap in housing supply that is driving up prices and intensifying the affordability crisis.
 
Hi I’m Kathy Fettke and this is the Real Estate News for Investors. You can provide rental housing for someone who can’t buy a home as a real estate investor. Find out about build-to-rent opportunities in Jacksonville and Central Florida during our webinar on June 25th at newsforinvestors.com. Login in to our investor portal as a RealWealth member to sign up for the webinar. Both the membership and the webinar are free. Please remember to subscribe to the podcast, and we’d really appreciate a 5-star review! It helps us rank and get our message out to more people...
 
References:
 
1 - https://zillow.mediaroom.com/2024-06-18-The-U-S-is-now-short-4-5-million-homes-as-the-housing-deficit-grows
 
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In this Real Estate News Brief for the week ending June 22nd, 2024… we’ll look at why one economist says the Fed is “playing with fire,” how big the housing gap has grown, and what the build-to-rent boom means for renters and investors.
 
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Before we get started, I want to remind you that we are hosting a free webinar this week with a Florida builder who's offering loan rates as low as 4.25% on duplexes in Jacksonville with property management in place. You can sign up at newsforinvestors.com, under the “Connect” tab. It's free to join RealWealth, where you'll get the support you need to be a hands-free investor.
 
Now back to economic news…
We begin with a big inflation report that’s being released this week. We’ll get the Personal Consumption Expenditure index for June on Friday. The PCE is the Federal Reserve’s preferred inflation indicator and will give us another glimpse at which direction inflation is moving and how fast. Economists are expecting to see further proof that inflation is slowing down...
 
Links:
 
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JOIN RealWealth® FOR FREE 🏡👇
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~~~~
EXPAND YOUR REAL ESTATE KNOWLEDGE AND PORTFOLIO
Members have exclusive access to👇
👉Vetted property teams
👉Trusted lenders and lawyers
👉Regular property tours
👉Vetted CPAs and legal 
👉Asset protection providers
👉And more!
~~~~
FOLLOW OUR PODCASTS🎤️👇
The Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS
Real Estate News: Real Estate Investing Podcast: https://link.chtbl.com/REN
~~~~
READ BOOKS BY RealWealth FOUNDERS📖👇
The Wise Investor by Rich Fettke: https://tinyurl.com/thewiseinvestorbook
Retire Rich with Rentals by Kathy Fettke: https://tinyurl.com/retirerichwithrentals
~~~~
FREE RealWealth EDUCATION & TOOLS👇
RealWealth market reports: https://realwealth.com/learn/best-places-to-buy-rental-property/
RealWealth webinars: https://realwealth.com/thursday-webinars/
RealWealth videos: https://realwealth.com/category/video/
RealWealth Assessment™: https://realwealth.com/assessment/
~~~~
MORE INFORMATION
RealWealth stories: https://realwealth.com/stories/
Become a RealWealth property team: https://realwealth.com/new-team/
Check out our syndications at Grow Developments: https://growdevelopments.com/
~~~~
FOLLOW US ON INSTAGRAM:
Kathy: @kathyfettke or  https://www.instagram.com/kathyfettke/
Rich: @richfettke or  https://www.instagram.com/richfettke/
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Sources:
 
1 - https://www.investopedia.com/what-to-expect-in-the-markets-this-week-06-24-2024-8666609
 
2 - https://www.forbes.com/sites/simonmoore/2024/06/23/what-to-expect-from-junes-inflation-data/
 
3 - https://www.marketwatch.com/story/jobless-claims-drop-to-238-000-but-stay-near-10-month-high-eafa6fec?mod=search_headline
 
4 - https://www.mpamag.com/us/mortgage-industry/market-updates/builder-sentiment-sinks-to-7-month-low-nahb/494075
 
5 - https://www.cnbc.com/2024/06/18/economist-sahm-who-devised-recession-rule-says-the-fed-is-playing-with-fire-.html
 
6 - https://www.freddiemac.com/pmms
 
7 - https://zillow.mediaroom.com/2024-06-18-The-U-S-is-now-short-4-5-million-homes-as-the-housing-deficit-grows
 
8 - https://www.cnbc.com/2024/06/21/housing-affordability-more-single-family-rentals-being-built-in-us.html

In this Real Estate News Brief for the week ending June 15th, 2024... reaction from the Fed on what appears to be more encouraging news about inflation, Amazon’s big contribution to affordable housing, and the voter initiative that could decide the fate of a utopian city in California.
 
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Before we get started, I wanted to let you know about brand new homes and duplexes for sale in Jacksonville Fl. where the builder is buying down the rate to as low as 4.25%. You can find out more on a free RealWealth webinar next week. Sign up at newsforinvestors.com under the "Connect" tab. And please remember to subscribe to this podcast, and leave a review! Now, back to the show...
 
Looking back over the last week, the highlights include back-to-back inflation reports and a Fed meeting that fell right in the middle of those two reports. The Consumer Price Index, or CPI, came out on Tuesday, showing no increase in May from the previous month. That’s a sign that inflation is, in fact, cooling. Analysts had expected to see an increase. The core rate was also below expectations with a .2% increase for the month. The annual rate for both came in at 3.4%...
 
...You can read more about the stories in this episode by following links in the show notes at newsforinvestors.com.
 
 
Links:
 
1 - https://www.cnbc.com/2024/06/12/cpi-report-june-inflation.html
 
2 - https://www.cnbc.com/2024/06/13/ppi-report-wholesale-prices-unexpectedly-fell-0point2percent-in-may.html
 
3 - https://www.cnbc.com/2024/06/12/fed-meeting-today-on-interest-rate.html
 
4 - https://www.marketwatch.com/story/jobless-claims-jump-to-highest-level-in-ten-months-08d4ae46?mod=economy-politics
 
5 - https://www.freddiemac.com/pmms
 
6 - https://www.bisnow.com/national/news/affordable-housing/amazon-commits-14b-to-multibillion-dollar-affordable-housing-fund-124665?utm_source=outbound_pub_7&utm_campaign=outbound_issue_77813&utm_content=outbound_link_7&utm_medium=email
 
7 - https://therealdeal.com/sanfrancisco/2024/06/12/california-forever-in-solano-county-heads-to-november-ballot/

Dallas may soon have another feather in its cap when it comes to attracting people, businesses and growth to the region. Some of the world’s largest financial institutions just announced the launch of a new stock exchange in Dallas that could be a catalyst for more business and population growth. Some are even speculating that the Texas Stock Exchange will help turn Dallas into a global banking hub that could rival Wall Street.
 
Hi I’m Kathy Fettke and this is Real Estate News for Investors. Please sign up for a RealWealth membership at newsforinvestors.com to find out how Dallas is benefiting RealWealth investors. We have a property team there that can help you find rental properties in high-demand areas. 
 
As for this new Texas Stock Exchange, Mike Rosa of the Dallas Chamber of Commerce told Bisnow: “This might tip the scales” and attract even more corporate relocations to Texas. The Longhorn State is already known as a business-friendly state with a low cost of living and no state income tax. 
 
Bisnow points out that the business environment that is attracting so many companies to move to Texas is also great for a new stock exchange. Commercial site selection expert John Boyd lists the advantages as a great mid-continent location in the central time zone, airport and seaport connectivity, and already existing financial and cybersecurity companies. Plus, he says of the biggest backers: “Can you think of two better supporters than BlackRock and Citadel?”...
 
...At RealWealth, we have been watching the real estate boom in Dallas for a long time, and it’s still going. Sign up for a free RealWealth membership at newsforinvestors.com and check out our page on Dallas! And remember to subscribe to the podcast and leave us a 5-star rating! 
 
Links:
 
https://www.bisnow.com/national/news/commercial-real-estate/this-could-tip-the-scales-new-stock-exchange-could-make-texas-an-even-stronger-bet-for-companies-124657
 
https://www.prnewswire.com/news-releases/txse-group-inc-announces-plans-to-create-the-texas-stock-exchange-302164049.html
 
https://www.cnn.com/2024/06/05/investing/texas-stock-exchange/index.html
 
https://therealdeal.com/national/atlanta/2024/06/11/large-leases-bolster-atlanta-office-market/

In this Real Estate News Brief for the week ending June 8th, 2024... why a strong jobs report discourages the Fed from cutting rates, why Americans may have an easier time finding a home to buy, and which metro is experiencing the most apartment construction.
 
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. I encourage you to take a moment to sign up for a free RealWealth membership at newsforinvestors.com. Once you’re signed up, sign in and check out our webinar page. Coming up this week is a webinar on asset protection and estate planning for millennials through boomers. Sign up and join us!
 
Back to our economic news. We begin with news from this past week that gave us a strong jobs report and less reason to expect a near-term interest rate cut. Fed officials are meeting this coming week so we may get a clue about when they may cut rates, but economists believe the strong jobs report will give them reason to hold off on a rate cut since it alleviates some amount of worry about how the high-interest rate environment is impacting company decisions on hiring. And inflation has not yet returns to the Fed’s 2% target...
 
...Despite that slight drop in occupancy, RealPage researchers believe the market is balanced due to solid job and population growth. That kind of data has also put Huntsville on our own radar for single-family rental investing. Join RealWealth for free to find out more about Huntsville!  
Thanks for listening! And please don’t forget to subscribe!
 
Kathy Fettke
 
Links:
 
1 - https://www.marketwatch.com/livecoverage/jobs-report-for-may-critical-employment-data-on-tap-as-bond-yields-dive/card/economy-creates-strong-272-000-new-jobs-in-may-fed-rate-cuts-are-going-to-have-to-wait--IJHHmgWkVEjT8PcJbzso
 
2 - https://www.cnbc.com/2024/06/07/jobs-report-may-2024-us-job-gains-totaled-272000-in-may.html
 
3 - https://www.marketwatch.com/story/jobless-claims-climb-to-4-week-high-of-229-000-but-layoffs-still-show-little-sign-of-accelerating-4f29ebe6?mod=economic-report
 
4 - https://www.marketwatch.com/story/construction-spending-falls-for-second-month-in-a-row-43159d63?mod=mw_latestnews
 
5 - https://www.freddiemac.com/pmms
 
7 - https://www.realtor.com/news/trends/housing-inventory-returning-to-normal-may-2024-economists-say/
 
8 - https://www.globest.com/2024/06/03/here-is-the-fastest-growing-apartment-market-in-the-us/
 
9 - https://www.credaily.com/newsletters/singlefamily-rental-construction-39-yoy/#:~:text=Homebuilder%20bliss%3A%20In%202023%2C%20developers,according%20to%20a%20WSJ%20report.

 

It’s a breath of fresh air to see that the number of homes for sale is heading back “up” toward normal. We’ve heard for so long about a tight inventory that’s making homes more expensive and harder to find. But a new Realtor.com report is showing a sharp rise in for sale listings that some real estate experts are calling an “incredible trend.”
 
Hi I’m Kathy Fettke and this is Real Estate News for Investors. If you’re new to real estate or looking for ways to expand your experience, sign up for a free RealWealth membership at newsforinvestors.com, and check for upcoming webinars. We’ve got one scheduled for June 13th on “Insider Secrets for Investing with Your Retirement Funds.” You can see the full calendar once you sign into our portal as a member. And subscribe to the podcast while you've got a minute and leave us a review! 
 
Now back to Realtor.com’s Monthly Housing Market Trends Report for the month of May. The report shows the total number of active listings as more than 35% higher than a year ago in May. That’s after seven months of growth that includes a 6.2% bump for the month of May and, before that, a 12.2% bump for the month of April.
 
Other data from the report shows that the median price of a home has remained stable with just .3% of growth for the year and a median price of $442,500. But there has been a 3.8% increase in the price per square foot. That points to a larger number of smaller, more affordable homes that are being listed with a higher price per square foot...
 
Links:
 
1 - https://www.realtor.com/research/may-2024-data/
 
2 - https://www.realtor.com/news/trends/housing-inventory-returning-to-normal-may-2024-economists-say/