The Real Estate News Brief: New Tune on Rate Cuts? Single-Family Permit Reversal, Real Estate Referral Warning

Real Estate News: Real Estate Investing Podcast

In this Real Estate News Brief for the week ending September 7th, 2024… the Fed’s new stance on rate cuts, the big reversal in single-family permitting activity, and a reminder about real estate referrals and kick-back schemes.

Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Before I begin, I would like to share a little personal news with you. We had a great weekend in Denver, launching our book with a party at the climbing gym! Thank you to everyone who showed up! Our book, Scaling Smart, will be on sale starting September 10th. It’s about growing your business in a way that’s aligned with your goals and your lifestyle. If you missed the big party, you can join us for a virtual book launch on September 21st. You’ll find info on buying the book and the virtual event below or at newsforinvestors.com under the Connect tab.

Links: Purchase Scaling Smart Book: https://tinyurl.com/scalingsmart Virtual Event: https://realwealth.com/scaling-smart-virtual-event/

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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

References: 1 - https://www.marketwatch.com/story/feds-williams-says-it-is-now-appropriate-to-cut-interest-rates-c8358c88?mod=economy-politics 2 - https://www.reuters.com/markets/rates-bonds/feds-waller-says-its-time-lower-rates-open-larger-cuts-2024-09-06/ 3 - https://www.marketwatch.com/livecoverage/jobs-report-for-august-payrolls-expected-to-rebound-after-hurricane/card/fed-s-goolsbee-says-september-meeting-isn-t-the-only-gathering-to-consider-2r3gTZJmbEPlmWdC9CEU?mod=home-page 4 - https://www.cnbc.com/2024/09/05/jpmorgan-top-economist-says-the-fed-should-cut-rates-by-a-half-point-this-month.html 5 - https://www.marketwatch.com/story/jobless-claims-drop-to-14-week-low-hiring-has-slowed-but-layoffs-arent-rising-83d8b1ef?mod=economy-politics 6 - https://www.marketwatch.com/story/job-openings-fall-to-lowest-level-since-2021-its-getting-harder-to-find-work-4d650d87?mod=economy-politics ​​7 - https://www.marketwatch.com/livecoverage/jobs-report-for-august-payrolls-expected-to-rebound-after-hurricane/card/august-jobs-report-soft-142-000-gain-keeps-fed-on-track-to-cut-interest-rates-soon-D6xeANpUqLN0PLZ4nE0K 8 - https://eyeonhousing.org/2024/09/august-job-gain-led-by-construction/ 9 - https://www.marketwatch.com/story/construction-spending-posts-bigger-than-expected-drop-in-july-3d42bc7c?mod=economy-politics 10 - https://www.freddiemac.com/pmms 11 - https://eyeonhousing.org/2024/09/hbgi-q2-2024-single-family-growth-vs-multifamily-decline/ 12 - https://www.nbcwashington.com/news/local/dc-area-real-estate/illegal-payouts-yacht-parties-dc-fines-title-companies-3-2m/3704745/