The Real Estate News Brief: Lookin’ Good on Inflation! Which Rents Are Up, Down? The Senior Housing GAP

Real Estate News: Real Estate Investing Podcast

In this Real Estate News Brief for the week ending June 29th, 2024... we have some great news on inflation that is raising hopes for a rate cut, where rents are going higher and lower and for what type of rentals, and the skyrocketing demand for senior housing.

Hi, I'm Kathy Fettke and this is Real Estate News for Investors. Before we get started, I want to make sure you know about my upcoming free webinar at RealWealth. I'll be giving my 2024 Mid-year Economic Update, together with one of my favorite economists, John Chang, VP at Marcus and Mililchap. We’ll talk about what we expect to see in the months ahead, so be sure to bring your questions for a Q&A at the end! That’s on Thursday July 25th. You’ll find a link to sign up in the show notes below. Again it's a free webinar packed with data and information you won't see anywhere else. I promise it will be the most fun economic webinar you've been on...

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References: 1 - https://www.cnbc.com/2024/06/28/may-pce-inflation-report.html 2 - https://www.cnbc.com/2024/06/27/home-prices-begin-to-cool-as-active-listings-jump-35percent.html?__source=realestate%7cnews%7c&par=realestate 3 - https://www.marketwatch.com/story/housing-starts-fall-to-a-four-year-low-691db7e8?mod=real-estate-construction 4 - https://www.freddiemac.com/pmms 5 - https://www.cnbc.com/2024/06/26/heres-where-us-rents-are-rising-and-falling-the-fastest.html 6 - https://www.corelogic.com/press-releases/us-single-family-rent-growth-levels-off-in-april-corelogic-reports/ 7 - https://www.marketwatch.com/story/affordable-senior-housing-faces-crisis-level-demand-and-scarce-supply-26-000-applications-for-84-units-f90090c0?mod=real-estate-construction