Mar 28 2024 6 mins 62
In this Real Estate News Brief for the week ending March 23rd, 2024... why the latest Fed meeting provided some assurance about potential rate cuts in the months ahead, what you would pay for a home if home price growth hadn’t outpaced inflation, and how Airbnb is dealing with the use of monitoring devices like indoor cameras.
We begin with economic news from this past week. The Fed held rates steady at the March meeting this last week, and suggested that we’re likely to see “three” quarter-percent rate cuts this year. The current short-term interest rate is between 5.25% and 5.5%. If rates are cut by a total of .75%, the short-term rate would be reduced to a range of 4.5% to 4.75% by the end of the year...
...You can read more about the stories in this episode by following links in the show notes at newsforinvestors.com. And please remember to subscribe to this podcast, and leave a review!
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Thanks for listening!
Kathy Fettke
Links:
5 - https://www.marketwatch.com/story/housing-starts-rebound-in-february-3ecd146b?mod=economic-report
