This Week’s Weekly Roundup

02Aug

This Week’s 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.
Kamala Harris Says She’s Ready To Take On Landlords

At a recent speech in Atlanta, GA, Vice President Kamala Harris made it clear that she’s interested in continuing many of the Biden Administration’s policies regarding big business. However, perhaps of most concern to real estate investors were her remarks about housing. Click here to read more.
New Home Sales Down Slightly

The U.S. Government is reporting that sales of new single-family houses in June, 2024 were at a seasonally adjusted annual rate of 617k, which is 0.6% lower than May’s revised rate and is 7.4% lower than one year ago. Click here to read more.
GDP Up 2.8% in Q2 2024

According to their “advance” estimate, the U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased at an annual rate of 2.8% in Q2 2024. Click here to read more.

 
Home Purchases Fall Through at Highest Rate in June on Record

A recent report from Redfin says home purchases in June fell through at the highest rate on record, as higher housing costs give buyers cold feet. Click here to read more.
Investor Share Peaks as Overall Home Sales Hit Decade-Plus Lows

Realtor.com says investors pulled back on home buying activity over the last couple of years, however, according to their new report, investor share has grown despite purchasing fewer homes. Click here to read more.

 
Most Used Principal Exterior Wall Materials by Region

A new report from the NAHB’s Eye on Housing found that stucco was the most common principal siding material for new single-family homes started in 2023 at 26.8%. Click here to read more.
Investing in Resident Assisted Living

A couple weeks ago we learned about a looming senior housing faces shortfall. With that in mind, on a recent episode of the AZREIA Show, Marcus Maloney & Michael Del Prete talk with Isabelle Guarino about the niche of residential assisted living. Click here to read more.
Zumper’s National Rent Report for July ’24

Rental information site Zumper recently released their latest monthly National Rent Report for June, 2024. Click here to read more.
Tax Burden by U.S. State in 2024

Infographic: The Visual Capitalist reminds us that a state’s tax burden measures the percent of an average person’s income that is paid towards state & local taxes. It considers property taxes, income taxes, and sales & excise tax. 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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