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The Real Estate News Brief: Fed’s Favorite Inflation Report, Hurricane Helene Property Damage, Worldwide Climate Change Risk
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In this Real Estate News Brief for the week ending September 28th, 2024... the Fed’s favorite inflation report for August, property damage estimates for Hurricane Helene, and how climate change could impact worldwide property values.
Hi, I'm Kathy Fettke and this is Real Estate News for Investors. What are you doing on the Day of the Dead? Come join us in San Antonio for a property showcase on November 2nd. Get the details here or at newsforinvestors.com under the tabs for Connect and Property Tours.
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References: 1 - https://www.cnbc.com/2024/09/27/pce-inflation-august-2024.html 2 - https://www.globest.com/2024/09/25/fed-officials-hint-at-more-aggressive-rate-cuts-in-coming-months/ 3 - https://www.marketwatch.com/story/jobless-claims-sink-to-4-month-low-businesses-arent-hiring-or-firing-many-people-8c970b2d?mod=home-page 4 - https://www.marketwatch.com/story/new-home-sales-fall-4-7-in-august-e39290ee?mod=mw_latestnews 5 - https://www.marketwatch.com/story/pending-home-sales-inch-up-in-august-on-slight-improvement-in-housing-affordability-11b8c4ae?mod=mw_latestnews 6 - https://www.freddiemac.com/pmms 7 - https://www.businessinsider.com/florida-home-insurance-prices-premium-effect-from-hurricanes-2024-9 https://www.reinsurancene.ws/moodys-puts-total-property-damage-from-hurricane-helene-at-15-26bn/ 9 - https://www.bisnow.com/national/news/sustainability-climate/report-climate-change-may-pose-over-500b-risk-for-reits-by-2050-126045
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