The Real Estate News Brief: Fed Officials on Rate Cuts, Income Needed to Buy a Home, Home Buyer Compromises

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/

~~~~

JOIN RealWealth® FOR FREE 🏡👇

https://realty.realwealth.com/join-now/

~~~~

FOLLOW OUR PODCASTS🎤️👇

RealWealth Podcast Show: https://link.chtbl.com/RWS

Real Estate News: Real Estate Investing: 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 syndication 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/

RealWealth: @realwealth or https://www.instagram.com/realwealth/