Weekly Roundup News

06Sep

Weekly Roundup News
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.
Pending Home Sales Drop 5.5% in July

The National Association of Realtors is reporting that pending home sales dropped 5.5% in in July, 2024. Click here to read more.
FHFA Says Home Prices Saw the 3rd Consecutive Slowdown in Quarterly Growth

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices home prices rose 5.7% between the Q2 2023 and Q2 2024 – which they say is the 3rd Consecutive Slowdown in Quarterly Growth. Click here to read more.
FinCEN Issues Final Rule to Increase Transparency in Residential Real Estate Transfers

U.S. Treasury Department’s FinCEN issued a final rule requiring certain people involved in real estate closings and settlements to report information to the agency about all-cash residential transactions nationwide involving legal entities and trusts. The effective date will be December, 1, 2025. Click here to read more.

 
Zombie Foreclosures See Lowest Level Since 2021

According to ATTOM Data’s Q3 2024 Vacant Property and Zombie Foreclosure Report, there were nearly 1.4 million residential properties in the U.S. sitting vacant. Click here to read more.
S&P CoreLogic Case-Shiller Hits All-Time High in June

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.4% annual increase for June, 2024. Click here to read more.

 
Zumper’s National Rent Report for August ’24

Zumper released their latest monthly National Rent Report for August, 2024  According to their data, median rent for 1-bedroom apartments was $1,534 (up 1.6%) and $1,915 (up 2.7%) for two-bedrooms. Click here to read more.
Is It a Good Time to Buy a Property?

Carl Fischer says the real estate market is always evolving, and potential buyers often find themselves asking: is now a good time to buy a property? Recent trends suggest a nuanced answer to this question. Click here to read more.
Which Categories Have Been Hit Hardest by Inflation?

Infographic: A recent chart from Statista illustrates those CPI categories that have been hardest hit by inflation over the past few years. 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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