This Friday’s Weekly Roundup News

19Apr

This Friday’s 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.
Inflation Jumps to 3.5% in March

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for all items was up 3.5% for the 12 months ending in March. Click here to read more.
Property Taxes on Single-Family Homes Up 7% Across America In 2023

According to ATTOM’s 2023 Property Tax Analysis, for 89.4 million U.S. single family homes, $363.3 billion in property taxes were levied on single-family homes in 2023. That figure is up 6.9% from 2022, and almost double the 3.6% growth seen in 2022. Click here to read more.
Yardi Says Multifamily Sees its Strongest Performance in 20 months

Yardi says multifamily rents recorded their largest gain in 20 months, which they say signals a normal seasonal growth pattern. Click here to read more.

 
Airbnb Updates Major Disruptive Events Policy

Airbnb has recently updated their Major Disruptive Events policy. According to a release, the Policy applies to reservations for both accommodations and Experiences, and is applicable to reservations that are ongoing or that have a check-in on or after the effective date, except as otherwise notified by Airbnb to users. Click here to read more.
More Baby Boomers Staying Put

A new report from Redfin says that more Baby Boomers are staying put in their homes, versus downsizing and selling. In fact, they found that over than three-quarters (78%) of older American homeowners plan to stay in their current home as they age – which they say is the most common aging plan for older homeowners. Click here to read more.

 
Open Construction Jobs Are Rising

A recent report from the NAHB’s Eye on Housing says that the recent increasing trend for unfilled construction jobs indicates an ongoing skilled labor shortage for the construction sector. Click here to read more.
Water Leaks and Headaches

George Skidis says if you have ever had a high water bill you know how frustrating tracking down the issue can be. We have and tracking down leaks in a mobile home park is excruciating. Click here to read more.
The Costs of a Running Toilet

If you’ve ever experienced a leaky toilet (especially by non-caring tenant) you know that it can be a big bill and may even cause serious damage. Today’s graphic from the Infographics Zone illustrates the potential costs of a running toilet. 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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