The National Association of Realtors is reporting that existing home sales were up 0.2% in May to a seasonally-adjusted annual rate of 4.30 million (down 20.4% year over year). Click here to read more.
Home Flipping Activity Remains High Across Nation
According to the latest U.S. Home Flipping Report from ATTOM, 72,960 single-family houses and condominiums were flipped in Q1, 2023 representing 9% of all home sales in the first quarter. Click here to read more.
Local Market Monitor’s National Economic Outlook for June ’23
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. Click here to read more.
Housing Starts Surge in April
The U.S. government is reporting that privately‐owned housing starts in May were at a seasonally adjusted annual rate of 1,631,000, which is 21.7% higher than April’s revised number and is 5.7% higher than one year ago. Click here to read more.
Black Knight Says Past-Due Mortgages Approach Record Lows
According to Black Knight’s latest Mortgage Monitor, the total U.S. loan delinquency rate (loans 30 days+ past due but not in foreclosure) as at 3.10% in May, down 6.25% from April and down 2.62% year over year. Click here to read more.
All Things Law & Legislation Related to Landlord-Tenant and Real Estate Matters
On a recent episode of the AZREIA Show podcast, Marcus Maloney & Michael Del Prete talk with guest Mark Zinman, an attorney from Zona Law Group, to discuss all things law and legislation related to landlord-tenant and real estate matters. Click here to read more.
Harvard’s 2023 State of the Nation’s Housing Report
Harvard’s Joint Center for Housing Studies recently released their annual State of the Housing Report – released annually since 1988. Click here to read more.
Fourth of July by the Numbers
Infographic: This Tuesday, July 4th, will mark 247 years of America’s independence! Today’s infographic takes a look at the Fourth of July “by the numbers” and provides insight into this holiday that we hold dear. 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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