The Weekly Roundup News

13Sep

The Weekly Roundup News
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.
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 4.2% (7.1 million people). The BLS says both of these numbers are higher than one year ago. Click here to read more.
U.S. Construction Spending Down Slightly Again in July

The U.S. government is reporting that total construction spending in July, 2024 was at a seasonally adjusted annual rate of $2,162.7 billion, which is 0.3% lower than June’s revised number. Click here to read more.
ADP National Employment Report – August 2024

According to the ADP National Employment Report for August, 2024, the labor market continued to cool in August, with private employers adding 99k jobs. Click here to read more.

 
Yardi Says Multifamily Performance Held Steady in August

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,731 (down $1) in Augist, 2024. Click here to read more.
America’s Stock of Second Homes

According to recent data from the NAHB’s Eye on Housing, there are 6.5 million second homes in America, representing 4.6% of the total housing stock. The state with the largest number of second homes was Florida with 1 million homes. Click here to read more.

 
Don’t Let Squatters Steal Your Property

On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with George McCleary, an expert on squatters and how to prevent, detect, and eject them. Click here to read more.
Public or Private Beach? Homeowners in Florida Draw a Line in the Sand

A recent story in the Wall Street Journal discusses the thorny issues of beach access along the Florida panhandle. According to the WSJ, Walton County has 26 miles of coastline and looks like something from a postcard with soft, sugar-white sand and emerald green water. Click here to read more.
Fall Fertilization Tips for a Healthy Spring Lawn

Infographic: 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. 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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