The Real Estate News Brief: Rate Cut Expectations, Home Price Switcheroo, California Tech Exodus

In this Real Estate News Brief for the week ending July 19th, 2024... rate cut expectations grow after subtle comments from Fed officials, how new and existing home prices stack up against each other, and another big tech exodus from California.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. A brief reminder, I will be giving my 2024 Mid-Year Economic Update this Thursday, the 25th. It's a free RealWealth webinar that I'll be hosting with Economist John Chang. You can register at newsforinvestors.com. And remember to bring questions for our Q&A at the end! Links:   Register for 2024 Mid-Year Economic Update Webinar with Kathy Fettke & John Chang on July 25th: Register Here ~~~~ JOIN RealWealth® FOR FREE 🏡👇 https://realty.realwealth.com/join-now/ ~~~~ EXPAND YOUR REAL ESTATE KNOWLEDGE AND PORTFOLIO Members have exclusive access to👇 👉Vetted property teams 👉Trusted lenders and lawyers 👉Regular property tours 👉Vetted CPAs and legal  👉Asset protection providers 👉And more! ~~~~ FOLLOW OUR PODCASTS🎤️👇 The Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS Real Estate News: Real Estate Investing Podcast: https://link.chtbl.com/REN ~~~~ READ BOOKS BY RealWealth FOUNDERS📖👇 The Wise Investor by Rich Fettke: https://tinyurl.com/thewiseinvestorbook Retire Rich with Rentals by Kathy Fettke: https://tinyurl.com/retirerichwithrentals ~~~~ FREE RealWealth EDUCATION & TOOLS👇 RealWealth market reports: https://realwealth.com/learn/best-places-to-buy-rental-property/ RealWealth webinars: https://realwealth.com/thursday-webinars/ RealWealth videos: https://realwealth.com/category/video/ RealWealth Assessment™: https://realwealth.com/assessment/ ~~~~ MORE INFORMATION RealWealth stories: https://realwealth.com/stories/ Become a RealWealth property team: https://realwealth.com/new-team/ Check out our syndications at Grow Developments: https://growdevelopments.com/ ~~~~ FOLLOW US ON INSTAGRAM: Kathy: @kathyfettke or  https://www.instagram.com/kathyfettke/ Rich: @richfettke or  https://www.instagram.com/richfettke/ RealWealth: @realwealth or https://www.instagram.com/realwealth/   References:   1 - https://www.marketwatch.com/story/powell-says-he-will-not-send-any-signal-on-exactly-when-rate-cuts-might-commence-3f360f64?mod=federal-reserve   2 - https://www.cnbc.com/2024/07/18/treasury-yields-tick-higher-as-markets-digest-fed-official-comments.html   3 - https://www.marketwatch.com/story/leading-fed-official-says-he-still-wants-more-data-before-supporting-rate-cut-a86d2cac   4 - https://www.marketwatch.com/story/jobless-claims-jump-t0-243-000-and-match-nearly-one-year-high-9524a060?mod=economy-politics   5 - https://www.marketwatch.com/story/retail-sales-fall-flat-in-june-due-to-lower-gas-prices-and-auto-cyberattack-156282ee?mod=economy-politics   6 - https://www.marketwatch.com/story/more-builders-slash-home-prices-as-confidence-in-the-market-falls-to-seven-month-low-3d7fa8df?mod=economic-report   7 - https://www.marketwatch.com/story/housing-starts-post-bigger-than-expected-increase-in-june-1b470575?mod=economic-report   8 - https://www.freddiemac.com/pmms   9 - https://www.zillow.com/research/new-con-existing-price-34235/   10 - https://www.bisnow.com/national/news/office/elon-musk-says-space-x-x-moving-headquarters-out-of-california-125112