Your “Weekly Round Up” from National REIA

The National Association of Realtors is reporting that pending home sales were down 2% in August, 2022. Click here to read more.

The U.S. Government is reporting that sales of new single-family houses in August, 2022 were at a seasonally adjusted annual rate of 685,500, which is 28.8% higher than July’s revised rate and is 0.1% lower than one year ago. Click here to read more.

Zumper recently released their latest monthly National Rent Report showing more than half the cities on their list posted month-over-month decreases in median one-bedroom rent – which they say is a signal that prices are slowly beginning to moderate. Click here to read more.

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices dropped 0.6% in July but were up 13.9% year over year. Click here to read more.

A recent report from Redfin says asking rents climbed to a record high in August however growth moderated for a 3rd straight month. Click here to read more.

On a recent episode of the Rent Perfect podcast David Pickron says one thing that is critical to being a successful landlord is knowing exactly who is applying as a tenant for your property. Click here to read more.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 15.8% annual gain for July, 2022. Click here to read more.

A recent article in the Wall Street Journal says land for housing is in short supply because of land-use restrictions and lack of infrastructure. They say land-use restrictions and a lack of public investment in roads, rail and other infrastructure have made it harder than ever for developers to find sites near big population centers to build homes. Click here to read more.

Infographic: The Visual Capitalist says McDonald’s is still the most popular fast-food brand in America with over $46 billion in systemwide sales in 2021. Click here to read more.

National REIA is proud of our association’s and their member’s contributions to their communities. We promote a spirit of “giving back” throughout our industry. Real Estate Investing has enhanced our lives and given us success so our mission to positively impact our communities is at the core of what we do.

 

If you have a great story of how you have made an impact in your community or you have a member that has done amazing work to contribute, please take a moment to submit the story to Caleb@nationalreia.org for inclusion in our publications, social media, and our website. We are excited to hear how our industry and those of us in it have made a positive difference to our communities and society at large!