Weekly Roundup News

29Mar

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.
Existing Home Sales See Largest Monthly Increase in a Year

The National Association of Realtors is reporting that existing home sales were up 9.5% in February to a seasonally-adjusted annual rate of 4.38 million – the largest monthly increase since February 2023. Click here to read more.
Housing Starts Up 10.7% in February

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,521,000, which is 10.7% higher than January’s revised number and is 5.9% higher than one year ago. Click here to read more.
CoreLogic Says Rent Growth Slowed in January

According to the latest CoreLogic Single-Family Rent Index (SFRI), U.S. single-family home rental prices rose by 2.6% year over year in January 2024. Click here to read more.

 
TikToker Tells Illegal Immigrants How to Invade American Homes & Invoke Squatter’s Rights

According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built single-family homes climbed three points to 51 in March – the highest level since July 2023 and the fourth consecutive monthly gain for the index. Click here to read more.
More Inflation Concerns, Big Changes for Home Sales and Single Family Construction Hot Spots

On a recent episode of Real Estate News for Investors, Kathy Fettke discusses what the latest inflation reports are telling us, why home sellers might be jumping for joy, and where we’ll be seeing the most single-family construction. Click here to read more.

 
Local Market Monitor’s National Economic Outlook for March ’24

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.
Happy Easter 2024

Infographic: This Sunday, March 31st is Easter. Each year the holiday falls on the first Sunday following the full moon after the vernal equinox. Interestingly, the date fluctuates each year between March 22nd and April 25th. Today’s graphic takes a look at “Easter by the Numbers” all the way from the resurrection of Jesus Christ to the number of chocolate Easter bunnies consumed annually. 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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