Real Estate News Brief: Fed Calls for Rate Cut Patience, Single Familiy Rent Growth, Top Metro for Rental Search

In this Real Estate News Brief for the week ending January 20th, 2024... what Fed officials are saying about rate cuts, metros with the highest single-family rent growth, and the most searched metro for rental listings...

...If you're looking a metro that is getting searched the most by potential renters, then Atlanta may be your city. RentCafe says that Atlanta rental listings attracted the most attention from users, and the Georgia capital "the apartment market to watch in 2024."

It says users saved more listings for Atlanta than any of the 150 metros on the website. Other highly searched metros are Kansas City, Missouri; Cincinnati, Ohio; Arlington, Virginia; and Orlando, Florida. That's it for today. You'll find links to more info about all these stories in the show notes at newsforinvestors.com. You can also sign up for a free RealWealth membership to learn more about real estate investing, and what you can do to create passive income from real estate. And please remember to subscribe to this podcast, and leave a review! Thanks for listening! Kathy Fettke Links: 1 - https://www.investors.com/news/economy/federal-reserve-fed-rate-cut-message-is-starting-to-get-through-to-wall-street/ 2 - https://www.cnbc.com/2024/01/21/two-important-events-this-week-could-determine-the-future-of-fed-rate-policy.html 3 - https://www.marketwatch.com/story/jobless-claims-fall-under-200-000-to-lowest-level-in-16-months-7aaf1d60?mod=home-page 4 - https://www.marketwatch.com/story/home-sales-sink-to-a-29-year-low-in-2023-5ab71c37?mod=economic-report 5 - https://www.marketwatch.com/story/u-s-housing-starts-fall-in-december-b263f6d7?mod=economic-report 6 - https://www.marketwatch.com/story/builder-confidence-index-jumps-in-january-as-mortgage-rates-fall-6baae90e?mod=search_headline 7 - https://www.marketwatch.com/story/consumer-sentiment-jumps-to-highest-level-since-july-2021-ae06e071?mod=economy-politics 8 - https://www.freddiemac.com/pmms 9 - https://www.cnbc.com/2024/01/21/mortgage-interest-rates-expected-to-drop-in-2024.html?&qsearchterm=mortgage%20interest%20rates 10 - https://www.corelogic.com/press-releases/us-annual-rent-growth-holds-less-than-3-in-november/ 11 - https://www.bisnow.com/atlanta/news/multifamily/potential-renters-projected-to-remain-busy-searching-for-atlanta-apartments-122411