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The Real Estate News Brief: New Conforming Loan Limits, Longer Hours to Pay Rent, SFR Rent Growth Slows
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:06:41
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In this Real Estate News Brief for the week ending December 3rd, 2022... new limits for 2023 conforming loans, the hours tenants need to work to pay rent, and a single-family rent growth slowdown that’s still good news for landlords. 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. The inflation gauge favored by the Fed showed a bigger drop in price growth, but a report on job creation and wage growth showed that the economy is still running too hot. The Personal Consumption Expenditures Index or PCE shows a .2% increase for the October core rate which is down from a .5% rate of growth in September. The current annual rate is now 5.2% for the PCE core rate which excludes food and gas prices. The improvement suggests that inflation is stabilizing. (1) The government also released a report that shows stronger-than-expected job growth in November and a sharp incre