New Home Sales 4.1% in April
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| The U.S. Government is reporting that sales of new single-family houses in April, 2023 were at a seasonally adjusted annual rate of 683k, which is 4.1% higher than March’s revised rate and is 11.8% higher than one year ago. Click here to read more. |
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Single-Family Built-for-Rent Construction Cools
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As we have seen from recent home sales and migration data, people are “heading South.” The U.S. Census Bureau is reporting that nine of the America’s 15 fastest-growing cities were in the South. Click here to read more.
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Large Southern Cities Lead Nation in Growth
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Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. Click here to read more.
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Pending Home Sales Unchanged in April
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The National Association of Realtors is reporting that pending home sales were unchanged (from March) in April, 2023. Click here to read more.
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NMHC & NAA Statement on Recent Supreme Court WOTUS Ruling
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Just before the long 2023 Memorial Day weekend, the U.S. Supreme Court issued a ruling that narrowed the federal government’s jurisdiction under the Clean Water Act in the case of Sackett v. the EPA. To that end the National Multifamily Housing Council and the National Apartment Association recently issued a statement applauding that decision. Click here to read more.
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Boost Short-Term Rental Revenue by Upselling Amenities to Guests
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On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Madison Rifkin, CEO & Founder of Mount, a startup company that is focused on enhancing the guest experience by enabling hosts to effortlessly and securely provide adventure-filled memories by upselling amenities. Click here to read more.
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Zumper’s National Rent Report for May ’23
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Rental information site Zumper recently released their latest monthly National Rent Report for May, 2023. Click here to read more.
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America’s 10 Most Affordable Golf Towns
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Realtor.com says whether you’re a near pro, a weekend duffer, or someone who just likes the idea of living near a course, you might just find your dream home on the green. Click here to read more.
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Comparing the Speed of U.S. Interest Rate Hikes
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Infographic: Today’s infographic from the Visual Capitalist illustrates & compares interest rates hikes by the Federal Reserve over the past 35 years. They point out that rates have risen faster than any other time in recent history. Click here to read more.
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Have you made a positive difference to our communities and society at large?
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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!
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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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