Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Existing Home Sales Drop 2.5% in August The National Association of Realtors is reporting that existing home sales were down 2.5% in August to a seasonally-adjusted annual rate of 3.86 million – down...
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By Brad Beckett The Visual Capitalists asks; have you ever wondered how much U.S. currency is in circulation? Well, today's infographic takes a good stab at it. Their graphic visualizes the approximate number of bills for each denomination globally, as of 12/3122, using data from the Fed. Indeed...Cash is king..... Stay safe and have a Happy Friday!!!
By Brad Beckett Statista says with inflation continuing its stubborn advance, Americans keep on spending. Citing Census data, today's graphic illustrates this quite nicely by showing monthly retail and food services sales through July. They say consumers continue to spend money despite inflation and a high degree of economic uncertainty. Indeed...stay safe, watch your wallet and have a Happy Friday!!!
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Inflation Up 2.5% Year Over Year The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in August, 2024 (same as July). The...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Unemployment Rate Remains Above 4% According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 142k in August, 2024 with the unemployment rate coming in at...
By Brad Beckett Yes, believe it or not, the Autumnal Equinox will soon be upon us….that’s right, the first day of Fall is September 22nd. That means it’s time to start thinking about lawn-care for the upcoming cooler months and prepping for a great lawn next Spring. Today’s infographic from The Home Depot lays out exactly what needs to be done...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Pending Home Sales Drop 5.5% in July The National Association of Realtors is reporting that pending home sales dropped 5.5% in in July, 2024. Click here to read more. FHFA Says Home Prices Saw the...
By Brad Beckett We follow inflation pretty closely here on our news site. It's an important indicator that ripples through the entire economy. A recent chart from Statista illustrates those CPI categories that have been hardest hit by inflation over the past few years. As always, stay safe and have a Happy Friday!!! "...there's no way around the fact that consumer prices...
By Carl Fischer The real estate market is always evolving, and potential buyers often find themselves asking: is now a good time to buy a property? Recent trends suggest a nuanced answer to this question. Interest rates have recently seen a decrease, providing some relief for prospective buyers. However, the market dynamics are influenced by more than just interest rates. For instance,...