S&P CoreLogic Case-Shiller Index Shows 18% Annual Home Price Gain
Los Angeles’ Channel 7 (KABC) is reporting that, despite pleas from frustrated landlords, the LA City Council voted 11-1 in late July to extend the city’s emergency declaration allowing their eviction moratorium to continue indefinitely. Click here to read more.
U.S. Construction Spending Down 0.4% in July
The U.S. government is reporting that total construction spending in July, 2022 was at a seasonally adjusted annual rate of $1,777.3 billion, which is 0.4% lower than June’s revised estimate but is 8.5% higher than one year ago. Click here to read more.
HUD Releases 2023 Fair Market Rents
The U.S. Department of Housing and Urban Development announced their new FY 2023 Fair Market Rates (FMR’s) which are used to determine payment standards for many housing assistance programs, including Housing Choice Vouchers (HCV) and Project-Based Section 8 programs. Click here to read more.
FHFA Says Home Prices Up 17.7% from 2021
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 0.1% in June and were up 17.7% from Q2, 2021. Click here to read more.
Providing a Better Housing Option for Seniors
On a recent episode of Real Estate Underground (by Connecticut REIA), hosts Ed Matthews & Rich Brown talks with Deirdre Virvo who is passionate about providing a better option for seniors living in her Fairfield County (CT) community. Click here to read more.
Record High Rents Coincide with Skyrocketing Mass Immigration
A recent report from Breitbart says recent record rents are coinciding with skyrocketing immigration – especially in the nation’s largest urban cores. Citing recent data from Zumper, rents across the United States have hit a record high, with the median rent for a one-bedroom apartment reaching nearly $1,500 a month. Click here to read more.
Student Housing Investment Edges Down
A recent report from the NAHB’s Eye on Housing says private fixed investment in student dormitories declined 4.4% to a seasonally adjusted annual rate (SAAR) of $3.2 billion in Q2, 2021. Click here to read more.
Lawn Fertilization Tips for Fall
Infographic: Yes, believe it or not, the Autumnal Equinox will soon be upon us….that’s right, the first day of Fall is September 22nd. That means it’s time to start thinking about lawn-care for the upcoming cooler months and prepping for next Spring. 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!
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