The Real Estate News Brief: Inflation Fears, Job Creation, and a Mortgage Rate Bias

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Manage episode 287067633 series 1248803
By Rich and Kathy Fettke and Kathy Fettke. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
In this Real Estate News Brief for the week ending March 6th, 2021… new concerns about inflation, signs of a job market rebound, and gender bias in the mortgage market. We begin with economic news from this past week, and a stock market roller coaster that had real estate investors breathing a sigh of relief. Many of the high-flying tech stocks went south in response to concerns about inflation after Treasury yields spiked a few times. Economists are also worried that the $1.9 trillion fiscal stimulus package that Congress is trying to pass will overheat the economy, and that recent signs of inflation are just the beginning. www.NewsForInvestors.com Links: 1 - https://www.marketwatch.com/story/powell-sends-warning-to-markets-that-fed-doesnt-want-persistent-tightening-in-financial-conditions-11614879804?siteid=bnbh 2 - https://www.marketwatch.com/story/u-s-economy-adds-379-000-jobs-in-february-as-hiring-speeds-up-11614951413?mod=home-page 3 - https://www.marketwatch.com/story/u-s-unemployment-claims-rise-slightly-to-745-000-after-texas-power-outages-11614865793?mod=mw_latestnews 4 - https://eyeonhousing.org/2021/03/private-residential-spending-hits-record-high/ 5 - http://www.freddiemac.com/pmms/ 6 - https://nahbnow.com/2021/03/fhfa-extends-covid-19-multifamily-forbearance-through-june-30/?_ga=2.65463978.528485599.1614974505-54843561.1614272299 7 - https://www.corelogic.com/blog/2021/3/new-year-started-off-with-double-digit-home-price-gains.aspx 8 - https://www.apartmentlist.com/research/national-rent-data 9 - https://www.redfin.com/news/single-women-home-purchases-increase-2020/

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