Real Estate Investment News for February 23rd, 2024:

National:

• Interest Rates Stay Put: The Federal Reserve held interest rates steady at 5.25% – 5.5% following their November meeting, potentially offering some stability for investors. (Source: BiggerPockets)
• Investor Activity in Low-Priced Homes Soars: Real estate investors bought a record 26% of low-priced homes in Q4 2023, highlighting potential opportunities in this segment. (Source: Real Estate Investing Today)
• Supreme Court Rejects Rent Control Challenge: The latest legal challenge to rent control was rejected by the Supreme Court, leaving existing regulations in place for now. (Source: Real Estate Investing Today)
• Housing Starts Decline: New home construction activity unexpectedly dropped 14.8% in January, potentially impacting supply in the coming months. (Source: Real Estate Investing Today)

Rentals:

• Rent Growth Slows But Steady: CoreLogic reports continued but moderate growth in national rents, suggesting a stabilizing market. (Source: Real Estate Investing Today)
• Student Housing Rebounds: The student housing market appears to be recovering after pandemic struggles, offering potential investment opportunities. (Source: Real Estate Investing Today)
• Supply Crucial for Multifamily: Yardi Matrix emphasizes the importance of increasing multifamily housing supply to meet growing demand. (Source: Real Estate Investing Today)

Additional Resources:

• BiggerPockets: A popular online community and resource for real estate investors. (https://www.biggerpockets.com/)
• Real Estate Investing Today: A news website covering current events and trends in the real estate investment market. (https://realestateinvestingtoday.com/)

Remember: This is just a snapshot of today’s news. It’s important to stay informed by following various sources and conducting your own research before making any investment decisions.

I hope this helps! Let me know if you have any other questions.