Business Rundown: A Real-Estate Market Built For Investors
The Federal Reserve’s 50-basis-point rate cut was a welcome sight in the stock market, leading the Dow and S&P 500 to record highs this week.
Now, with mortgage rates starting to dip slightly, some question if that same investor love could be coming to the housing market, which has been lackluster this summer due to heightened mortgages, sticky inflation, and of course high interest rates.Â
FOX Business Network’s real estate contributor, Katrina Campins, is joined by private equity fund manager, real estate investor, and CEO of Cardone Capital, Grant Cardone. Together, they break down how investors can get their start in the real estate market, which markets in the US are heating up, and who’s 2024 housing policy seems more legitimate: former President Trump or Vice President Harris?