Pending Home Sales Up 0.3% in June
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| The National Association of Realtors is reporting that pending home sales were up 0.3% in June, 2023. Click here to read more. |
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New Home Sales Drop 2.5% in June
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The U.S. Government is reporting that sales of new single-family houses in June, 2023 were at a seasonally adjusted annual rate of 697k, which is 2.5% lower than May’s revised rate but is 23.8% higher than one year ago. Click here to read more.
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FHFA Says Home Prices Up 0.7% in May
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According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices rose 0.7% in May. Click here to read more.
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Local Market Monitor’s National Economic Outlook for July ’23
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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.
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S&P CoreLogic Case-Shiller Index Dips Slightly
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The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a -0.5% annual decrease for May, 2023. Click here to read more.
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Zumper’s National Rent Report for July ’23
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Rental information site Zumper recently released their latest monthly National Rent Report for July, 2023. According to their data, rent for 1-bedroom apartments was $1,506 and the median two-bedroom rent was $1,882. Click here to read more.
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Foreign Buyers of U.S. Homes Falls to Lowest Level on Record
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CNBC’s Diana Olick says a new report from the National Association of Realtors shows foreign buyers are pulling back from the U.S. housing market reaching a new record low. Click here to read more.
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The Infinite Banking Concept: A Safe Haven for Real Estate Investors
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Jason K. Powers says the recent banking crisis, marked by the collapse of several major financial institutions, has been a wake-up call for investors worldwide. This crisis has unveiled a hard truth: the traditional banking system, often perceived as a bedrock of financial stability, can be incredibly fragile. Click here to read more.
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The 25 Most & Least Expensive Places for Childcare in the U.S.
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Infographic: Childcare can be notoriously expensive here in the U.S. In fact, the U.S. Department of Health and Human Services considers “affordable” childcare to cost less than 7% of a family’s income. Today’s graphic identifies the top 25 most and least expensive places in the country for childcare. Click here to read more.
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Have you made a positive difference to our communities and society at large?
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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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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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