This week’s Weekly Round Up

18Jun

This week’s Weekly Round Up
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.
Visit our Website

NREIA Joins Buckeye Institute Calling on SCOTUS to Protect America’s Judicial System from Abuse
The Ohio-based Buckeye Institute for Public Policy Solutions filed an amicus brief in Acheson Hotels v. Laufer, calling on the U.S. Supreme Court to safeguard the American judicial system from abuse and send a clear message that lawsuits must be based on actual injury or harm. National REIA (along with a few others) joined the Buckeye Institute in filing the brief. Click here to read more.

Yardi Says Multifamily Demand Still Firm, Rents Rise in May
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,716 in May (up $7). Click here to read more.

Report: Consumers Increasingly Convinced It’s a Good Time to Sell, Bad Time to Buy
According to recent data from Fannie Mae’s National Housing Survey, consumers are increasingly convinced it’s a good time to sell a home versus buying one. Click here to read more.

Realtors Say Market Needs 300k+ Affordable Homes for Middle-Income Buyers
A new report from the National Association of Realtors says America’s Housing market is short more than 300k affordable homes for middle-income buyers. Click here to read more.

Cash Buyers See Highest Share Since 2014
A new report from Redfin says in April all-cash home purchases reached their highest level since 2014 as high mortgage rates drove down overall home sales more than all-cash sales. Click here to read more.

Top 10 Zips with Highest Number of REOs
ATTOM Data says foreclosure filings were up 7% from April 2023 and 14% from May 2022. In addition, data show that lenders repossessed >4k U.S. properties through completed foreclosures (REOs). Click here to read more.

Should Unpaid Student Loans Impact Qualifying Tenants?
On a recent episode of the Rent Perfect podcast David Pickron says with student loan debt on the rise and the pause on paying back loans coming to an end in June 2023, it’s critical for housing providers to be prepared for what comes next. Click here to read more.

The Rise of America’s Debt Ceiling
Infographic: The recent acrimony & debate about raising the nation’s debt ceiling is now behind us – for the time being anyway. However, the fact remains that U.S. government debt now stands at 129% of GDP (as of June). 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.

Share this post