Weekly Roundup News

11May

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.
Homeownership & Rental Vacancy Rates for Q1 2024

The U.S. government is reporting that the national vacancy rates for Q1, 2024 were 6.6% for rental housing and 0.8% for homeowner housing. The national homeownership rate for Q1 2024 was 65.6%. Click here to read more.
Construction Spending Dips Slightly in March

The U.S. government is reporting that total construction spending in March, 2024 was at a seasonally adjusted annual rate of $2,083.9 billion, which is 0.2% lower than February’s number. Click here to read more.
U.S. Employment Situation – April 2024

According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 175k in April, 2024 with the unemployment rate rising to 3.9% (up 0.1 percentage points). Click here to read more.

 
Millennials Are Now the Largest Group of Home Buyers

According to data from the 2024 National Association of Realtors’ Home Buyers and Sellers Generational Trends Report, millennials are now the largest group of home buyers, marking a significant shift in the housing market’s demographic landscape. Click here to read more.
S&P CoreLogic Case-Shiller Says Prices Up 6.4% Year-Over-Year

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.4% annual increase for February, 2024. Click here to read more.

 
FHFA Says Home Prices Up 7% from 2023

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices home prices rose 7% between February 2023 and February 2024. Click here to read more.
Zumper’s National Rent Report for April ’24

Rental information site Zumper recently released their latest monthly National Rent Report for April, 2024. Click here to read more.
It’s a People Business, Not a Property Business

On a recent episode of the Rent Perfect podcast David Pickron talks with Gary Mazzarella (and investor and landlord) about some of the people strategies they use to find success in the marketplace. Click here to read more.
Mother’s Day is May 12th

Infographic: This Sunday, May 12 is Mother’s Day (your final reminder, btw). The History Channel says Mother’s Day became an official U.S. holiday in 1914 and traditionally involves presenting moms with flowers, cards and other gifts. 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.

 

 
Stay up to date:
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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