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The Real Estate News Brief: New Retirement Plan Rules, 2022 Builder Confidence, Single-Family Rental Demand in 2023

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Sinopsis

In this Real Estate News Brief for the week ending December 31, 2022... we say goodbye to a difficult year for real estate and hello to a new year that’s filled with opportunity. You’ll also hear about changes to retirement account rules, what happened to builder confidence in 2022, and what one institutional investor thinks of single-family rentals.   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 that includes significant changes to how taxpayers save for retirement. The changes are part of the SECURE ACT 2.0 which was written into the $1.7 trillion federal spending plan just approved by Congress and President Joe Biden. Some of the more than 90 changes will take effect right away, while others will be implemented in later years.   One of the biggest changes is an increase in the age that triggers mandatory minimum distributions, or RMDs, from tax-deferred acco