The Weekly Roundup

19Oct

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.
Inflation Increases Hold Steady

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in September, 2024 (same as August). Click here to read more.
CoreLogic’s US Home Price Insights – October 2024

According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year over year by 3.9% in August 2024 compared with August 2023. Click here to read more.
States with the Highest Home Insurance Prices

The recent devastation wrought by two major hurricanes have put the question of home insurance on the proverbial front burner. A recent article from Realtor.com says rising home insurance prices are affecting homeowners across the country with some states are feeling the pain more than others. Click here to read more.

 
GDP and Personal Income by State for Q2 2024

The U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product increased in 49 states and DC in Q2 2024, with the percent change ranging from 5.9% at an annual rate in Idaho to –1.1% in Alaska. Click here to read more.
ICE Mortgage Monitor – October 2024

According to the latest ICE Mortgage Monitor, serious delinquencies (loans 90+ days past due but not in active foreclosure) rose 14K (+3.3%) to a six-month high, but remain historically low. Click here to read more.

 
Apartment List’s National Rent Report – October ’24

According to Apartment List’s National Rent Report for October 2024, national median rent dropped 0.5% to $1,405. Click here to read more.
The Reason We Invest

Jeff Watson says, one of the questions I ask real estate investors when I’m doing consultations or taking them on as new clients is, “What is your goal?” I’m not looking to discuss particular types of transactions, but rather what they are looking to accomplish with their investments from an economic standpoint. Obviously, the answers vary due to each individual’s specific situation, but they should have some consistent themes as to why investing is being done. Click here to read more.
Is the Great Florida Migration Coming Undone?

A recent article in the Wall Street Journal suggests that the “Great Florida Migration” might be coming undone. They say a surplus of housing inventory and dwindling buyer interest are slowing sales and recent hurricanes & extreme weather events are making it worse. Click here to read more.
The Purchasing Power of $100 by State

Infographic: The Visual Capitalist looks at what $100 is worth in each U.S. state. Interestingly, the purchasing power of $100 can vary by as much as 26% from state to state. Click here to read more.
Check out the latest issue of reiaSENSE

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

 

 
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To learn more about these and other important issues affecting the real estate investing industry, visit RealEstateInvestingToday.com and follow on Twitter @REI2Day.

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