GDP and Personal Income by State for Q2 2024
By Brad Beckett on October 15, 2024
The U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product increased in 49 states and DC in Q2 2024, with the percent change ranging from 5.9% at an annual rate in Idaho to –1.1% in Alaska. Click here to read more.
Read moreStates with the Highest Home Insurance Prices
By Brad Beckett on October 15, 2024
The recent devastation wrought by two major hurricanes have put the question of home insurance on the proverbial front burner. A recent article from Realtor.com says rising home insurance prices are affecting homeowners across the country with some states are feeling the pain more than others. Click here to read more.
Read moreCoreLogic’s US Home Price Insights – October 2024
By Brad Beckett on October 14, 2024
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year over year by 3.9% in August 2024 compared with August 2023. Click here to read more.
Read moreInflation Increases Hold Steady
By Brad Beckett on October 14, 2024
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in September, 2024 (same as August). Click here to read more.
Read moreArgentina Scrapped its Rent Control and Now the Market is Thriving
By Brad Beckett on October 10, 2024
A recent story in the Wall Street Journal highlights how Argentina’s new President (who happens to be an economist), Javier Milei, scrapped their rental laws and most government price controls in an effort to revive South America’s second-largest economy. Click here to read more.
Read moreThe Market Impact of the Institutional Investor
By Brad Beckett on October 9, 2024
On a recent episode of the Rent Perfect podcast David Pickron says the influx of the institutional investor groups that are backed by billions of dollars are having a negative effect on the everyday investors ability to purchase properties. Click here to read more.
Read morePreferred vs. Actual Home Laundry Room Locations
By Brad Beckett on October 8, 2024
A recent report from the NAHB’s Eye on Housing says that in 2023, the majority of new home starts featured laundry connections on the first floor (72%), second floor or higher (26%) and the basement, garage, and other locations came in at a 1% or lower share. Click here to read more.
Read moreCensus Bureau Says Nearly Half of Renter Households Are Cost-Burdened
By Brad Beckett on October 7, 2024
We have continued to see rising shelter costs in the inflation data we’ve posted. Now a new report from the U.S. Census Bureau says over 21 million renter households spent more than 30% of their income on housing costs in 2023, representing nearly half (49.7%) of the 42.5 million renter households in the United States for whom rent burden is calculated. Click here to read more.
Read moreFour Fall Projects to Tackle Now for Year-Round Property Protection
By Brian Aguirre on October 3, 2024
Brian Aguirre says fire emergencies, unwanted intruders or even inadequate insulation can all pose threats to your property and its tenants. Fortunately, a mix of the right products, devices and technology can help you monitor a property and minimize risks to your investment. Here are four projects you can tackle this fall to better protect your investment year-round. Click here to read more.
Read moreFire Prevention Week is October 6-12, 2024
By Brad Beckett on October 2, 2024
National Fire Prevention Week runs October 6-12, 2024 and one of the best ways to celebrate is to check all your properties’ smoke alarms for functionality and age. Click here to read more.
Read more