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Bumpy Ride for Inflation Battle but No Big Worries with Latest Report

Real Estate News: Real Estate Investing Podcast

Release Date: 03/01/2024

Home Buyers Off the Hook for Title Insurance? show art Home Buyers Off the Hook for Title Insurance?

Real Estate News: Real Estate Investing Podcast

A federal agency is suggesting that lenders foot the bill for title insurance instead of home buyers. The Consumer Financial Protection Bureau says that home buyers are paying way too much for something that protects lenders. But skeptics are pushing back, saying if lenders are forced to pay, a change in the rules won’t have the desired result and won’t do much for housing affordability.   Hi! I’m Kathy Fettke and this is the Real Estate News for Investors. Before we continue, please take a moment to sign up for a free RealWealth membership. You’ll have access to a valuable...

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The Real Estate News Brief: Disappointing Inflation Report, Housing Share of the GDP, CA Judge Strikes Down Single-Family Lots Splits show art The Real Estate News Brief: Disappointing Inflation Report, Housing Share of the GDP, CA Judge Strikes Down Single-Family Lots Splits

Real Estate News: Real Estate Investing Podcast

In this Real Estate News Brief for the week ending April 27th, 2024… the Fed’s preferred inflation report casts another shadow over a near-term rate cut, housing takes a bigger bite out of the GDP, and the court ruling that could prevent a controversial but popular law that allows single-family lot splitting in California.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you want to know more about investing in rental properties, we are holding a live event on May 4th near the San Francisco airport. You can find out more about the event at . And don’t forget to ...

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The Real Estate News Brief: Fed Chief Talks “Higher for Longer”, Moody’s Upbeat Rate Cut Prediction, Renters & Homeownership show art The Real Estate News Brief: Fed Chief Talks “Higher for Longer”, Moody’s Upbeat Rate Cut Prediction, Renters & Homeownership

Real Estate News: Real Estate Investing Podcast

In this Real Estate News Brief for the week ending April 20th, 2024... you’ll hear what the Fed Chief said about “higher for longer,” (he didn't say that on 4/20 but that would have been funny!) why Moody’s is offering an upbeat prediction about rate cuts, and how renters feel about homeownership.   We begin with economic news from this past week and more talk about what’s next for interest rates. Fed Chief Jerome Powell spoke out last Tuesday, saying that recent data shows a lack of progress in reducing inflation to the Fed’s 2% goal, and that Fed officials need to have more...

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How Will You Future-Proof Your Portfolio Against Climate Risks? show art How Will You Future-Proof Your Portfolio Against Climate Risks?

Real Estate News: Real Estate Investing Podcast

Earth Day is here again, as a reminder to celebrate this beautiful planet we live on. For real estate investors, It's also a reminder to check on our own properties and do whatever we can to make them more resilient to natural disasters. Climate resiliency is what CoreLogic says is the key to “future real estate stability.”   Environmental risk is becoming more important for anyone buying property, whether it’s due to potential flooding, wildfires, hurricanes or even sea level changes. Although climate-related natural disasters pose a financial threat to every industry, they pose a...

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US Supreme Court Victory for California Property Owners & Developers! show art US Supreme Court Victory for California Property Owners & Developers!

Real Estate News: Real Estate Investing Podcast

California property owners, developers and affordable housing advocates are scoring a big win from the US Supreme Court! The high court ruled that local “impact fees” imposed on newly constructed homes can be challenged in court. This is a significant win for property rights because these fees can add a substantial amount of money onto the price of a home.   The case began with a lawsuit by George Sheetz in California’s El Dorado County. That’s in the foothills heading toward Lake Tahoe. Sheetz is a 72-year-old retiree who applied for a permit in 2016 to build an 18-hundred square...

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The Real Estate News Brief: Rate-Cut Hopes Deflate, Price Impact on Construction, Property Tax Sticker Shock show art The Real Estate News Brief: Rate-Cut Hopes Deflate, Price Impact on Construction, Property Tax Sticker Shock

Real Estate News: Real Estate Investing Podcast

In this Real Estate News Brief for the week ending April 15th, 2024... why the latest inflation reports could postpone the Fed’s rate-cutting plan, how inflation continues to impact construction costs, and why homeowners are getting sticker shock from property tax bills.   We begin with economic news from this past week that was dominated by two of the latest inflation reports. The Consumer Price Index or CPI came out on Wednesday and the Producer Price Index or PPI came out on Thursday.   Unfortunately for everyone wanting a great inflation report, the March CPI was hotter than...

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Will Squatters Take Your Property? New Florida Law Says “NO”! show art Will Squatters Take Your Property? New Florida Law Says “NO”!

Real Estate News: Real Estate Investing Podcast

 Florida Realtors are celebrating a new law that makes it easier for property owners to remove squatters. It’s become a crisis situation across the nation when squatters take control of a property and claim they are the victims. Florida has changed that, but property owners also need to protect themselves from the illegal occupation of their rightful homes...   ...You should also know your rights and the rights of squatters (if they have any) for the area where your property is located. If squatters don’t leave when you ask them, you may have to file an eviction notice and...

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Investors Enjoy Sizzling Hot Housing Demand in DALLAS! show art Investors Enjoy Sizzling Hot Housing Demand in DALLAS!

Real Estate News: Real Estate Investing Podcast

Demand for housing in and around Dallas, Texas continues to soar. While investors have been pouring millions of dollars into creating more affordable housing, the metro is attracting so many people that tens of thousands of homes are still needed. Supply isn’t expected to catch up to demand any time soon.   An article in Bisnow says that investors have put a record amount of money into the area, but it hasn’t done much to close the affordable housing gap. Executive director of the Texas Affiliation of Affordable Housing Providers, Roger Arriaga, says: “The demand is excruciatingly...

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The Real Estate News Brief: Rate Cut Predictions, Major Cities Attracting Home Buyers, AI’s Impact on CRE show art The Real Estate News Brief: Rate Cut Predictions, Major Cities Attracting Home Buyers, AI’s Impact on CRE

Real Estate News: Real Estate Investing Podcast

In this Real Estate News Brief for the week ending April 6th, 2024... more prognostications on when the central bank may cut rates, which major cities are attracting the most home buyers, and why artificial intelligence could have a negative impact on commercial real estate.   We begin with economic news from this past week. Fed Chief Jerome Powell expressed caution about when we might see the first interest rate cut. While many economists have been predicting three rate cuts this year with the first happening in June, Powell said it’s too soon to say exactly when it may be appropriate...

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Beware of Scammers Who Use AI to Steal Real Estate! show art Beware of Scammers Who Use AI to Steal Real Estate!

Real Estate News: Real Estate Investing Podcast

With the help of artificial intelligence, there's a new wild, wild west on the internet, where scammers are pretty much free to pick your pocket. Security experts are warning people that you can be scammed out of money or even real estate by deepfake audio or video clips. And there aren’t a lot of safeguards in place right now. The technology is evolving more quickly than security experts can design or implement safeguards. As reported by Bigger Pockets, scammers orchestrated a $25 million dollar heist by impersonating the CEO of a multinational company. Hong Kong authorities say the money...

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More Episodes
The latest report on inflation is showing the biggest increase in four months. It’s the PCE report which is the Fed’s preferred inflation gauge, and one that provides important data for a decision on rate cuts. The results were also in-line with expectations and what the Fed expects to be a bumpy ride back to its 2% target.
 
PCE stands for the Personal Consumption Expenditure index. The Fed prefers this report over the Consumer Price Index because it more accurately reflects what substitutions consumers are making as prices rise and fall. But the Consumer Price Index or CPI also produces important data for the Fed’s consideration along with the Producer Price Index or PPI for wholesale prices. And those two reports recently surprised us on the upside.
 
The new PCE report shows similar upside results with a .3% increase in January and an annual rate of 2.4%. The Fed pays the most attention to the “core” rate, which eliminates food and energy. That reading was .4% higher in January with an annual rate of 2.8%. Keep in mind that the Fed wants to see continued progress in lowering inflation to the central bank’s 2% target...
 
...Check for links to those stories in the show notes at newsforinvestors.com. Sign up for a free RealWealth membership while you are there for access to our market data. You might also want to check out our recent webinar on real estate lending with Richard Advani. He’ll let you know your best options when it comes to real estate loans, and conserving as much of your own cash as possible. You'll find the webinar under the Learn tab. And please remember to subscribe to this podcast, if you haven’t already.
 
Thanks for listening!
Kathy Fettke
 
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