The Weekly Roundup!

23Feb

The Weekly Roundup!
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.
U.S. Supreme Court Declines to Hear Latest Challenge to Rent Control

The U.S. Supreme Court has declined to hear the latest challenge to the contentious rent control issue. However, the court appeared to remain open to future consideration of the key issues raised in the case. Click here to read more.
Inflation Sits at 3.1% in January

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in January, 2023. Click here to read more.
Housing Starts Tumble 14.8% in January

The U.S. government is reporting that privately‐owned housing starts in January were at a seasonally adjusted annual rate of 1,331,000, which is 14.8% lower than December’s revised number and is 0.7% lower than one year ago. Click here to read more.

 
Student Housing on Road to Recovery

According to the NAHB’s Eye on Housing, private fixed investment in student dormitories rose 1.2% to a seasonally adjusted annual rate (SAAR) of $3.96 billion in Q4 2023, after increasing 5.5% in Q3 2023. Click here to read more.
Investor Myopia vs. The Big Picture

Jane Garvey says in a society where instant gratification is the norm, it may be tough to think about long-term planning and the benefits of delayed gratification. But as investors that is precisely what we should be doing. Taking the time to consider the consequences will almost always benefit us in the long run. Click here to read more.

 
CoreLogic Says Annual Rent Growth Remains Slow But Steady

According to the latest CoreLogic Single-Family Rent Index (SFRI), U.S. single-family home rental prices rose by 2.8% year over year in December 2023. Click here to read more.
Real Estate Investors Bought 26% of Low-Priced Homes in Q4 – the Highest Share on Record

According to Redfin, real estate investors bought 26.1% of low-priced homes sold in Q4 2023 – which they say is the highest share on record. To get their results, Redfin analyzed county home purchase records across 39 of the most populous U.S. metropolitan areas. Click here to read more.
Most Common Types of Cancer in the U.S.

Infographic: Today’s graphic from Statista reminds us that the American Cancer Society says the estimated number of new cancer cases in 2024 will cross the two-million mark for the first time ever. The main types of cancer affecting men and women, however, will remain largely the same as in previous years. Click here to read more.
reiaSense – September 2023

Check out the September 2023 issue of reiaSENSE, National REIA’s monthly government affairs publication. Click here to download.

 

 
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