Weekly Roundup

07Jun

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.
Tennessee Takes Action to Protect Property Owners from Squatters

In late May, Tennessee Governor Bill Lee signed into law Tennessee’s new anti-squatting legislation – which the legislature passed last month. The new law will take effect on July 1, 2024. Click here to read more.
Pending Home Sales Down 7.7% in April

The National Association of Realtors is reporting that pending home sales dropped 7.7% in in April, 2024. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) came in at 72.3 in April. Click here to read more.
FHFA Says Home Prices Up 6.6% Year-Over-Year

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices home prices rose 6.6% between Q1 2023 and Q1 2024. Click here to read more.

 
S&P CoreLogic Case-Shiller Says Prices Up 6.5% Year-Over-Year

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.5% annual increase for March, 2024. Click here to read more.
Zumper’s National Rent Report for May ’24

Rental information site Zumper recently released their latest monthly National Rent Report for May, 2024. Click here to read more.

 
CoreLogic Says Attached Single-Family Rental Prices Post First Annual Decrease in 14 Years

According to the latest CoreLogic Single-Family Rent Index (SFRI), U.S. single-family home rental prices rose by 3.4% year over year in March, 2024 with the median monthly cost for a U.S. three-bedroom home coming in at $2,052. Click here to read more.
Why REIA Groups are a Must Today!

Pete Youngs says whether we like it or not, ever since Covid came along the business environment has extremely changed for how real estate investors (as well as other businesses) have had to operate and adapt. Click here to read more.
U.S. Construction Spending Down Slightly in April

The U.S. government is reporting that total construction spending in April, 2024 was at a seasonally adjusted annual rate of $2,099 billion, which is 0.1% lower than March’s revised number. Click here to read more.
D-Day Plus 80 Years

Infographic: Eighty years ago yesterday, on June 6, 1944, Operation Overlord (aka D-Day) was launched with nearly 160,000 allied troops (led by the United States) invading occupied France – marking the beginning of the end for Nazi Germany. 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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