According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 4.3% from March 2022 through March 2023. Click here to read more.
S&P CoreLogic Case-Shiller Reports a Small Price Gain in March
The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 0.7% annual gain for March, 2023. Click here to read more.
A Rent Control Renaissance Is Underway
A recent essay by the Foundation for Economic Education says a rent control renaissance Is underway in America and it’s sure to make the housing shortage worse. Click here to read more.
U.S. Construction Spending Up 1.2% in April ’23
The U.S. government is reporting that total construction spending in April, 2023 was at a seasonally adjusted annual rate of $1,908.4 billion, which is 1.2% higher than March. Click here to read more.
Top 10 Zombified Zip Codes in Mid 2023
According to the ATTOM Data’s Q2 2023 Vacant Property and Zombie Foreclosure Report, there were 1.3 million residential properties in the United States sitting vacant, representing 1.3%, or one in 79 homes, across the nation. In addition, ATTOM says the number of zombie properties has grown quarterly in 29 states and annually in 36. Click here to read more.
For 11th year in a Row Americans Choose Real Estate as Best Investment
We have posted about this for many years now and it doesn’t get old; For the 11th year in a row, Gallup is reporting that more Americans prefer real estate over other long-term investment vehicles for growing wealth. Click here to read more.
Understanding Bad Debt Loss Deductions
Tiffany McBroom and Melanie Sikma say the current economic climate makes this a good time to focus on bad debt losses. As an individual taxpayer, deducting bad debt losses has always been controversial with the IRS. To claim the deduction, you must first establish that the loss was from a bona fide loan transaction that went wrong. So be alert. Click here to read more.
The “Buy Now, Pay Later” Generation
Statista says millennials are the “buy now, pay later” generation, with 56% of those born between 1980 and 1994 saying they made online purchases that allowed for interest-free payment of goods & services in several installments. 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!
Stay up to date:
To learn more about these and other important issues affecting the real estate investing industry, visit RealEstateInvestingToday.com and follow on Twitter @REI2Day.