The Real Estate News Brief: Fed Rate Cuts in 2024, Homeownership Dips in Q4, Millennial Message to Boomers

In this Real Estate News Brief for the week ending February 3, 2024... what the Fed Chief is saying about when the rate cuts will begin, what happened to the homeownership rate in Q4, and why Millennials are worried about aging Baby Boomer homes.

That's it for today. If you are working on your investing plan for this year and need a better focus, check out our RealWealth webinar: The Focused Investor: 4 Steps to Success in 2024. You'll find it at newsforinvestors.com under the Learn tab. Be sure to sign up for a free RealWealth membership while you are there. And please subscribe to this podcast and leave a review when you have a minute. Thanks for listening! Kathy Fettke Links: 1 - https://abcnews.go.com/US/wireStory/powell-federal-reserve-track-cut-rates-year-inflation-106939082#:~:text=In%20December%2C%20Fed%20officials%20indicated,likely%20still%20reflected%20policymakers'%20views. 2 - https://www.marketwatch.com/story/jobless-claims-climb-to-nearly-3-month-high-of-224-000-layoffs-creeping-higher-2fcd7bc3?mod=economy-politics 3 - https://www.marketwatch.com/story/home-prices-hit-a-new-high-in-november-case-shiller-says-679244e9?mod=economic-report 4 - https://www.marketwatch.com/story/construction-spending-ticks-up-for-12th-month-in-a-row-in-december-e4601074?mod=economic-report 5 - https://www.freddiemac.com/pmms 6 - https://eyeonhousing.org/2024/01/homeownership-rate-dips-to-65-7-amid-housing-affordability-woes/ 7 - https://www.cnbc.com/2024/02/02/half-of-us-renters-are-cost-burdened-harvard-report-finds.html 8 - https://www.nar.realtor/magazine/real-estate-news/younger-buyers-want-baby-boomers-to-update-their-homes