The National Association of Realtors is reporting that pending home sales were down 4% in November, 2022 – the sixth consecutive month of declines. Click here to read more.
S&P CoreLogic Case-Shiller Shows 9.2% Annual Home Price Gain
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 9.2% annual gain for October, 2022. Click here to read more.
Local Market Monitor’s National Economic Outlook for December ’22
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. Click here to read more.
Homes in the Snowiest States Cost Nearly $57k More Than Those with the Least Snow
A recent report from LendingTree (citing U.S. government data) found that median-priced homes in the states with the most snow are more expensive, on average, than median-priced homes in the states with the least snow. Click here to read more.
The Size of the Housing Shortage
The NAHB’s Eye on Housing says homeowner & rental vacancy rates are one of the key statistics used to judge the health and direction of the housing market. Using data from the American Community Survey (ACS), they point out that abnormally low vacancy rates signal a greater housing shortage – with U.S. vacancy rates hitting their lowest readings in decades in 2021. Click here to read more.
City of Chicago Sticks it to Zombie Foreclosure Owners
According to an I-Team investigation by WLS-TV Chicago (ABC 7), the City of Chicago has issued tens of thousands of dollars in fines to people who are no longer property owners – including one going back to 1959. According to the report, Chicago’s Department of Finance said it can only bill people who are listed as owners on record. Click here to read more.
Zumper’s Annual Rent Report for 2022
Zumper’s 2022 Annual Rent Report takes a deep-dive into past year of data, knowledge of economic trends, Zumper surveys, internal data on renter search, and ongoing conversations with clients, experts, and others in the industry. Click here to read more.
The Difference Between Passive and Active Investment
On a recent episode of Connecticut REIA’s Real Estate Underground podcast, host Ed Matthews talks with Margaret Kozlark. co-founder of Noblivest, which helps investors build their wealth for noble causes – such as spending more time with family, volunteering in their community, and more. Click here to read more.
Do You Smoke?
Infographic: Today’s infographic from Statista says cigarettes just don’t have the same pull factor for young Americans that they used to. In fact, Gallup survey data going back to 2001-2003, says roughly one-third of American young adults said they smoked cigarettes. Click here to read more.
Have you made a positive difference to our communities and society at large?
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!
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