Existing-Home Sales Hits Lowest Level in 13 Years
BY BRAD BECKETT ON NOVEMBER 27, 2023
The National Association of Realtors is reporting that existing home sales were down 4.1% in October to a seasonally-adjusted annual rate of 3.79 million (down 14.6% year over year). Click here to read more.
Read morePorches are as Popular as Ever
BY BRAD BECKETT ON NOVEMBER 23, 2023
Porch-sitters take note; According to data from the NAHB’s Eye on Housing, 66.4% new homes built in 2022 were equipped with a porch. Click here to read more.
Read moreMore Couples are Using Wedding Registries for Help Buying First Home
BY BRAD BECKETT ON NOVEMBER 14, 2023
A recent analysis from Zillow says more couples are turning to wedding registries for help in buying their first home. Click here to read more.
Read moreState by State Flood Disclosure Requirements
BY BRAD BECKETT ON NOVEMBER 22, 2023
According to the NAR, FEMA is proposing federal legislation with a new condition for states to continue participating in the National Flood Insurance Program (NFIP). To participate, state legislatures would be required to adopt and mandate a real estate disclosure form with specific flood-related questions. Click here to read more.
Read moreBe on the Lookout for Squatters
BY BRAD BECKETT ON NOVEMBER 22, 2023
On a recent episode of the Rent Perfect podcast David Pickron says incidents of squatters are on the rise around the country, and may coming to your home soon. Click here to read more.
Read moreYardi Says Supply Growth Pushes Multifamily Rents Down
BY BRAD BECKETT ON NOVEMBER 21, 2023
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,718 in October, 2023. Yardi says demand for apartments remains robust. Click here to read more.
Read moreHousing Starts & Building Permits Up Slightly
BY BRAD BECKETT ON NOVEMBER 20, 2023
The U.S. government is reporting that privately‐owned housing starts in October were at a seasonally adjusted annual rate of 1,372,000, which is 1.9% higher than September’s revised number but is 4.2% lower than one year ago. Click here to read more.
Read moreInflation Running at 3.2% Year Over Year
BY BRAD BECKETT ON NOVEMBER 20, 2023
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October, 2023. The all items index was up 3.2% for the 12 months ending in October. Click here to read more.
Read moreHousehold Debt Rises to $17.29 Trillion
BY BRAD BECKETT ON NOVEMBER 15, 2023
A new report from the New York Fed says household debt has risen to $17.29 trillion (up 1.3%) in Q3 2023, led by mortgages, credit cards and student loans. The data is from the Fed’s latest issue of the Quarterly Report on Household Debt and Credit. Click here to read more.
Read moreSafeguard Your Real Estate Investments with Instant Term Life Insurance
BY JASON K. POWERS ON NOVEMBER 15, 2023
Jason K. Powers says for real estate investors, the balance of risk and reward is a daily consideration. While tangible assets like properties can seem like solid pillars in one’s investment portfolio, unforeseen circumstances can threaten the stability of even the most carefully laid plans. This is where “Instant Term Life Insurance” becomes an invaluable asset. Click here to read more.
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