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The Real Estate News Brief: Lot Shortages Remain but Easing, Rent Growth Declines Nationwide, All-Cash Offers Rise
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:05:13
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In this Real Estate News Brief for the week ending June 10th, 2023… what builders are saying about the lot shortage, where rent growth is highest and lowest, and the rising number of all-cash offers for homes. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Economic News We begin with economic news from this past week… which doesn’t amount to much. Economists are focused more on what’s coming up “this week.” The Fed’s June meeting is scheduled for Tuesday and Wednesday where members of the Federal Open Market Committee will be deciding what happens next with interest rates. CNBC reports that a majority of economists are predicting a pause on rate hikes, but that we could see another rate hike in July. (1) Much depends on where we stand on inflation right now, and we’re set to get those numbers just ahead of this week’s Fed meeting. The government will release May reports on the Consumer Price Index, or CPI, and the Produ