199: New Listings “Normalize,” Inflation Ticks Up, and Airbnb Bans Indoor Cameras
On The Market
Shownotes Transcript
The Fed isn’t happy, but what’s new? After inflation)** numbers** were released last week, showing** higher-than-expected consumer price growth**, our rate cut) dreams could be slowly dwindling. Are we still on a timeline to see lower mortgage rates by summer, or is the US economy just too strong to prompt any help for prospective homebuyers? This story, and plenty more, are coming up in this week’s headlines show.
Ever get that feeling that someone is watching you? Airbnb recently announced a new policy that banned indoor surveillance cameras) in hosts’ properties. This is** a shock for almost every Airbnb guest** and most hosts, too, as it seems we all incorrectly assumed that security cameras were only allowed on the OUTSIDE of a property.
But this episode isn’t just about short-term rentals. We have some good news for housing inventory, as new listings finally saw a bump, helping add some homes to the already supply-strained market we’re facing. We’ll also talk about new unemployment numbers that are trending in a direction the Fed) wants to see but may not be enough to convince them of a rate cut. All that, and more, in this episode.
In This Episode We Cover:
A housing supply update and the** “surge” of new listings **that hit the market
**New jobs numbers **and whether **rising **unemployment) is something we should worry about
Why the** Fed may become even more hesitant to cut rates** in 2024
New inflation and CPI (Consumer Price Index) **numbers **(and what they mean)
**Airbnb’s newest “no indoor camera” policy **and what this means for anyone hosting a short-term rental)
The naked man in James’ newest investment property (will he EVER get out?)
And So Much More!
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Headlines from Today’s Episode:
BiggerNews: Why Mortgage Rates AREN’T Falling)
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