Weekly Roundup News & Updates

14Jul

Weekly Roundup News & Updates
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.
U.S. Construction Spending Up Slightly in May ’23

The U.S. government is reporting that total construction spending in May, 2023 was at a seasonally adjusted annual rate of $1,925.6 billion, which is 0.9% higher than April’s revised estimate. Click here to read more.
Back to School Sales Tax Holidays

Several states across the fruited-plain are holding off sales tax holidays for the back-to-school season. Whether you think this is good or bad public policy is irrelevant; the bottom-line is saving your hard-earned money! Click here to read more.
New Florida Law Preempts Local Governments from Landlord Rules

A recently approved measure in Florida preempts local governments from landlord-tenant law, in essence making landlords & renters play by the same set of rules. Click here to read more.
U.S. Employment Situation – June 2023

According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 209k, in June 2023, with the unemployment rate standing at 3.6%. Click here to read more.
State by State Beer Taxes

When it comes right down to it, the taxes applied to a good or service ultimately will affect an area’s cost of living and along with it the price of housing. The folks over at the Tax Foundation remind us that the federal government collects an excise tax on beer as well as all 50 states and the District of Columbia. Click here to read more.

 
Real GDP by U.S. State Q1 ‘23

The U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased in all 50 states (and D.C) in Q1 of 2023. Click here to read more.
From Being an Electrician to Buying Hoarder Houses, Pre-Foreclosures and 1031 Exchanges

On a recent episode of Omaha REIA’s “REIA Radio, they were joined by Clint Blackburn, who is known by most of his hometown as The Real Estate Investor that buys ugly homes and makes them nice and habitable again. Click here to read more.
U.S. Home Price Growth Over 50 Years

Infographic: A recent chart from the Visual Capitalist illustrates how U.S. home prices have grown over the past 50 years. In fact, they point out that in 2022 alone, prices grew significantly even as interest rates climbed higher. Click here to read more.

 

 

Have you made a positive difference to our communities and society at large?

 

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!
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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