In this Real Estate News Brief for the week ending December 2nd, 2023... what the Fed thinks of the latest inflation report, how much home you can buy with a conforming loan in 2024, and where you\u2019ll find a hot housing market and mushrooming population growth... \xa0 ...I\u2019m excited to share this next story with you about a Texas market that is expanding rapidly. It\u2019s an area north of Dallas, in Collin County, which is attracting businesses and new residents at a very fast pace. According to the Texas Demographic Center, the county\u2019s population is expected to double by the year 2060. \xa0 Why are people and businesses flocking to this area? One - Texas is a business-friendly state, and two - there is no state income tax. The good news there. As Collin County Commissioner Susan Fletcher says: \u201cWith an average of 100 people per day, these new residents don\u2019t just bring their cars, they also bring additional need for services and facilities impacting all areas of county government.\u201d \xa0 This headline confirms what our RealWealth team has already discovered \u2013 that this area is a market that\u2019s growing with people who will need homes. We have already put our chips into that basket, with a rental fund in the North of Dallas area. My Dallas-area partner is overseeing the purchase and renovation of those homes. It\u2019s a way to get the benefits of owning rental property without the job of being a landlord. You do need to be an accredited investor to participate, and the fund is closing soon. You can find out more at growdevelopments.com. \xa0 You can read about that story and the others by following links in the show notes at newsforinvestors.com. While you are there, sign up for a free RealWealth membership. You\u2019ll have access to hundreds of webinars, articles, and real estate professionals that can answer your investing questions. And please remember to subscribe to this podcast, and leave a review! \xa0 Thanks for listening! -Kathy Fettke \xa0 Links: \xa0 1 - https://www.marketwatch.com/story/powell-says-premature-to-speculate-on-when-interest-rates-will-be-cut-6bef7a3e?mod=home-page \xa0 2 - https://www.marketwatch.com/story/inflation-slows-again-the-feds-preferred-price-tracker-showed-24b53bf3?mod=economy-politics \xa0 3 - https://www.cnbc.com/2023/11/29/us-gdp-grew-at-a-5point2percent-rate-in-the-third-quarter-even-stronger-than-first-indicated.html \xa0 4 - https://www.marketwatch.com/story/feds-beige-book-finds-economy-has-slowed-and-inflation-too-2a488392?mod=federal-reserve \xa0 5 - https://www.marketwatch.com/story/jobless-claims-tick-higher-continuing-claims-highest-in-two-years-704183e3?mod=economy-politics \xa0 6 - https://www.marketwatch.com/story/new-home-sales-drop-in-october-to-much-lower-level-than-expected-3c8934eb?mod=mw_latestnews \xa0 7 - https://www.marketwatch.com/story/u-s-home-prices-climb-for-seven-month-in-a-row-to-a-record-high-case-shiller-says-0c0d79b4 \xa0 8 - https://www.marketwatch.com/story/construction-spending-climbs-again-fueled-by-government-spending-and-public-works-db3e8cc3?mod=economy-politics \xa0 9 - https://www.freddiemac.com/pmms \xa0 10 - https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Announces-Conforming-Loan-Limit-Values-for-2024.aspx \xa0 11 - https://therealdeal.com/texas/2023/11/20/collin-county-population-could-double-by-2060/ \xa0 12 - https://www.reuters.com/graphics/USA-ECONOMY/FED/lgpdwawwzvo/