Your Weekly Roundup News

08Nov

Your Weekly Roundup News
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.
Pending Home Sales Up 7.4% in September

The National Association of Realtors is reporting that pending home sales rose 7.4% in in September, 2024. Click here to read more.
Unemployment Rate Remains Above 4% in October

According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 12k in October, 2024 with the unemployment rate coming in at 4.1%. Click here to read more.
U.S. Homeownership & Rental Vacancy Rates for Q3 2024

The U.S. government is reporting that the national vacancy rates for Q3, 2024 were 6.9% for rental housing and 1% for homeowner housing. The national homeownership rate for Q3 2024 was 65.6%. Click here to read more.

 
Commercial Foreclosures Spike in September with Significant Year-Over-Year Increase

According ATTOM Data, commercial foreclosures increased 15% from September and 48% from one year ago. Click here to read more.
GDP Up 2.8% in Q3 202

According to their “advance” estimate, the U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased at an annual rate of 2.8% in Q3 2024. Click here to read more.

 
S&P CoreLogic Case-Shiller Sees 4.2% Annual Gain in August

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 4.2% annual increase for August, 2024. Click here to read more.
ADP National Employment Report – October 2024

According to the ADP National Employment Report for October, 2024, private sector employment increased by 233k jobs and annual pay was up 4.6% year-over-year. Click here to read more.
Your Biggest Reward

Jane Garvey says A rational investment of our time, money, and resources requires that in part we ask, “what’s in it for me?” Some of the rewards are the ability to improve our community and help others. It is also critical that some of our rewards be financial as well. If they aren’t, we will quickly find ourselves in unsound investments. In real estate the naïve, uneducated investor may quickly be driven out of the business by making “rookie” mistakes. Click here to read more.
Happy Veterans Day 2024

Infographic: This Monday, November 11th, is Veterans Day. Here’s a little history about this important day; In 1918, the armistice ending the First World War officially took effect on the 11th day, of the 11th month, at the 11th hour. 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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