Your Weekly News Round Up from National REIA

Your Weekly News Round Up from National REIA

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.
S&P CoreLogic Case-Shiller Reports 5.8% Annual Home Price Gain
The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.8% annual gain for December, 2022. Click here to read more.
U.S. Construction Spending Down Slightly in January

The U.S. government is reporting that total construction spending in January, 2023 was at a seasonally adjusted annual rate of $1,825.7 billion, which is 0.1% below December’s revised estimate but is 5.7% higher than one year ago. Click here to read more.

The Feasibility of Converting Commercial Real Estate to Multifamily

A recent joint report from the NMHC & Urban Land Institute examines the feasibility and potential of repurposing unused and underutilized commercial real estate (offices, hotels, retail, etc.) into viable housing that could help with the nation’s housing crisis. Click here to read more.

Understanding the Tax Laws and Regulations is Crucial for Real Estate Investors

Tiffany McBroom and Melanie Sikma remind us that real estate investment is a popular and profitable venture for many individuals, but navigating the tax implications can be overwhelming. It is crucial for real estate investors to understand the tax laws and regulations specific to real estate to minimize their tax liabilities and maximize their returns. Click here to read more.

Black Knight Says Sellers are Retreating from the Market

According to Black Knight’s latest Mortgage Monitor, both supply & demand in the housing market are being impacted by a volatile interest rate environment. Click here to read more.

Top 10 Metros with Largest Increase in HELOCs

According to a recent report from ATTOM Data, HELOCs comprised 20.7% of all mortgages in Q4 2022 – nearly five times the 4.6% level from Q1 2021. The data, from their Q4 2022 U.S. Residential Property Mortgage Origination Report, also found that 1.52 million mortgages secured by residential property (1 to 4 units) were originated in the quarter. Click here to read more.

Zillow’s Most Friendly Pet Cities for Renters
A recent report from Zillow says the most pet-friendly city in the country for renters is Austin, Texas, with over 4 out of every 5 rental listings allowing pets. In fact, as of January, Zillow says more than half of their rental listings indicated they allow pets. Click here to read more.
Spring Fertilization Tips

Infographic: Monday, March 20th, is the first day of Spring!  That means now is a great time to start thinking about your property’s landscaping. Whether it’s a rental or a new flip, a good-looking lawn will certainly add value and improve its curb appeal! 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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