Weekly Roundup News & Updates

04Nov

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.
Existing Home Sales Down 1% in September

The National Association of Realtors is reporting that existing home sales were down 1% in September to a seasonally-adjusted annual rate of 3.84 million – down 3.5% year over year. Click here to read more.
Housing Starts & Building Permits Down in September

The U.S. government is reporting that privately‐owned housing starts in September, 2024 were at a seasonally adjusted annual rate of 1,354,000, which is 0.5% lower than August’s revised number and is 0.7% lower than one year ago. Click here to read more.
FinCEN Renews its Real Estate Geographic Targeting Orders

The American Land Title Association (ALTA) is reporting that the Financial Crimes Enforcement Network (FinCEN) in mid-October renewed its Geographic Targeting Orders (GTO) requiring U.S. title insurance companies to identify the natural persons behind shell companies used in non-financed purchases of residential real estate. Click here to read more.

 
Do Real Estate Agents Have to Disclose if Someone Died in a House?

A recent report from CNBC says that while real estate agents are required to point out physical or material defects in a property, it depends on the state whether they have to disclose if someone died there. Click here to read more.
Florida Couple Allegedly Swiped Homes Using Scam Costing Less Than $1

The NY post is reporting that a Florida couple has been arrested and charged with stealing properties from homeowners using an amazingly easy scam that costing less than $1 to pull off. Click here to read more.

 
CoreLogic Says Rents Continue to Grow at a Slow & Steady Pace

According to the latest CoreLogic Single-Family Rent Index (SFRI), U.S. single-family home rental prices continue to grow at a slow and steady pace. According to their report, prices posted a 2.4% gain year-over-year – the lowest rate of growth recorded since last fall. Click here to read more.
Top 10 States with the Lowest Cost of Living

We’ve had a lot of posts related to the cost of living and how it affects real estate and quality of life. With that in mind, a recent report from Realtor.com reveals their list of the top 10 states with the lowest cost of living. Click here to read more.
The Electoral College

Infographic: This Tuesday, November 5th is election day all across America. Every four years on the first Tuesday, following the first Monday in November America chooses its next President (or reelects the current one). 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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