Real Estate News Brief: Has the Soft Landing Arrived? Hurricane Impact on Future Plans, Potential Rent Control Pandora’s Box in CA
Manage episode 444460939 series 2915908
In this Real Estate News Brief for the week ending October 5th, 2024... what economists are now saying about the jobs report and a “soft landing,” how Hurricane Helene is impacting decisions on where to live, and the rent control ballot measure that could open a Pandora’s box.
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References: 1 - https://www.cnbc.com/2024/10/04/fed-close-to-pulling-off-the-elusive-economic-soft-landing-in-2024-after-great-september-jobs-report.html 2 - https://www.marketwatch.com/story/powell-says-u-s-economy-is-in-solid-shape-and-the-fed-intends-to-keep-it-that-way-61631a72?mod=economy-politics 3 - https://www.federalreserve.gov/newsevents/speech/powell20240930a.htm 4 - https://www.aba.com/about-us/press-room/press-releases/economic-advisory-committee-forecast-september-2024 5 - https://www.marketwatch.com/story/jobless-claims-rise-slightly-but-still-no-sign-of-rising-layoffs-f1719136?mod=mw_latestnews 6 - https://www.marketwatch.com/story/job-openings-rebound-yet-many-workers-are-still-not-finding-jobs-170cbd8a?mod=livecoverage_web 7 - https://www.marketwatch.com/story/construction-spending-dipped-in-august-ahead-of-fed-rate-cut-b49f1b99?mod=home-page 8 - https://www.cnbc.com/2024/10/04/mortgage-rates-jobs-report.html 9 - https://www.redfin.com/news/hurricane-helene-impacting-relocation-survey/ 10 - https://www.bisnow.com/los-angeles/news/multifamily/proposition-33-rent-control-november-5-election-explainer-126158596集单集