HOME PRICES TO FALL!!! Redfin CEO

In this episode of "One Rental at a Time," we delve into the latest economic indicators and predictions about the housing market. We discuss key updates from the Federal Reserve, including the dot plot and unemployment claims, and provide a detailed analysis of the recent PPI and CPI reports. Highlighting insights from Redfin's CEO, we explore the anticipated decline in home prices and what it means for potential buyers and investors. Tune in to understand the dynamics at play and how you can leverage this information in your real estate strategy. [00:00] - Introduction and overview of Fed Day dot plot, PPI, and unemployment claims. [00:27] - Insight from Nick Timiraos of the Wall Street Journal on the Fed's potential late actions. [01:07] - Discussing the Fed's PTSD from past inflation calls and expected aggressive cuts. [02:24] - Breaking down the PPI report: headline and core figures better than expected. [04:11] - Analysis of weekly unemployment claims and its implications on the Fed's projections. [05:08] - Mortgage rates drop below 7% and the potential impact on the housing market. [06:10] - Understanding the Fed's dot plot and economic projections. [09:11] - Critical evaluation of the Fed's unemployment and GDP forecasts. [11:09] - Exploring "super core" inflation and its significance. [12:56] - Jerome Powell's remarks on job data accuracy and economic outlook. [15:11] - Redfin CEO predicts a 1% drop in home prices due to increased selling pressure. One Rental at a Time School: https://onerentalatatime.com/school - Join the school community for exclusive content, boot camps, and live sessions with real estate experts. Nick Timiraos, Wall Street Journal: https://www.wsj.com/news/author/nick-timiraos - Follow Nick Timiraos for insights on the Federal Reserve and economic policies. Thank you for tuning into today's episode of "One Rental at a Time." If you enjoyed the discussion, please subscribe on Apple Podcasts, Spotify, or your favorite platform, and leave us a review. Share this podcast with friends and family who might benefit from these real estate investing insights. Follow us on social media for more updates and exclusive content. Keep taking action, and remember, it's all about doing the work. Happy investing! 📖 BUY One Rental at a Time https://amzn.to/3jt3JFx 📣 Audible Version Here https://amzn.to/3jtLDTQ OR 🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm Dion from Dion Talk is Narrator!!! NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us 📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/ 📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join! JOIN HERE: https://bit.ly/3tEQhRm TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution! 💎 How to Get Started One Rental at a Time: This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals. JOIN HERE: https://bit.ly/3uDrkHq 💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending. JOIN HERE: https://bit.ly/3wbN9yr 📲 MENTORING OPTION: I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request. JOIN HERE: https://bit.ly/3hivsc5 ✍️ FREE COURSE: I put together a Free Course so people can get to know me a little more and have fun getting started with no cost. JOIN HERE: https://bit.ly/3hdMbgK 📣AUDIOBOOK: https://amzn.to/3jtLDTQ PLEASE LEAVE 5 Stars! *** Tag me on IG with a book selfie! 🧢 MERCH: I have created some fun merchandise designed by my daughter. Check out Merch Page here: https://one-rental-at-a-time.myshopify.com/