Another rate cut! - Better Landlords

Another rate cut!

By Jonathan Forisha - 08.11.24 7

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Yesterday, the Fed cut rates again! This time only a quarter-point, and speculation is they’ll do it again before the end of the year.

Per the article: “Annual inflation has since fallen from a 9.1% peak in mid-2022 to a 3 1/2-year low of 2.4% in September.”

Is it time to buy?

https://apnews.com/article/federal-reserve-election-inflation-trump-economy-prices-e6b837fd85cff5ad71d4e40939b97237

apnews.com
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that angered Americans and helped drive Trump’s election victory.

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Lexi L

Administrator
08.11.24

But it’s not just about the interest rates; the real estate market can still be tricky with inventory and local trends playing a big part…
- Jonathan Forisha
  
  Administrator
  08.11.24
  
  So true! And the market here in Colorado is still bonkers.
  
  I hear Ohio’s a nice place to invest.
  - John Boland
    
    Administrator
    21.11.24
    
    Yeah, the colorado market is wild
John Martin

Member
08.11.24

I hate that guy – he doesn’t know what he’s doing…
- John Boland
  
  Administrator
  08.11.24
  
  Was there ever a more popular Fed Chair?
Krista Reuther

Administrator
08.11.24

I’ll be curious to see what happens with the rates in the next six to 12 months. But as the old adage goes, marry the property and date the rate – so if you have your eye on something that works for your portfolio now, I say jump on it!
John Boland

Administrator
12.11.24

Everybody hates Jerome Powell, but not right now.

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