The U.S. government is reporting that total construction spending in August, 2023 was at a seasonally adjusted annual rate of $1,983.5 billion, which is 0.5% higher than July’s revised estimate and 7.4% higher than one year ago. Click here to read more.
U.S. Employment Situation – September 2023
According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 336k, in September 2023, with the unemployment rate staying the same at 3.8%. Click here to read more.
Construction Employment Rises By 11k in September But Firms Struggle To Fill Openings
Recent analysis from the Associated General Contractors said the construction industry added 11k jobs in September as unemployment rates for the sector remained at historically low levels, prompting contractors to raise pay faster than for other jobs. Click here to read more.
Redfin Breaks Ties with the Realtors
In a recent media release, Redfin says they are taking steps to “end our support of the National Association of Realtors.” The cite as their reasons NAR policies requiring a fee for the buyer’s agent on every listing and a pattern of alleged sexual harassment. Click here to read more.
Top 10 Most Affordable Retirement Towns
Realtor.com says retirement is a time for relaxation, for revitalization, for being around friends & loved ones, and for filling your days with the things you love most. Click here to read more.
Using A Key Word Helps You Get the Right Tenant
Scot Aubrey says one of the best methods for helping you find the perfect tenant for your property sounds mysterious but is quite simple and straight-forward; a key word, which might be a specific word or phrase you place in your listings that you request they use when they respond to your listing. Click here to read more.
CoreLogic Says Home Price Growth Picks Up Pace in August
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide increased year over year for the 139th consecutive month in August. Click here to read more.
Property Tax Revenue Climbs as Share of State & Local Government Revenue
Recent analysis from the NAHB’s Eye on Housing says that $132 billion in taxes were paid by property owners in Q2 of 2023. Click here to read more.
Most Popular Fast-Food Chains by Sales
Infographic: The Daily Infographic says there are many great fast-food chains in America and they’ve become a staple of our culture – they rightly say there’s something for everyone! So, which ones are really the most popular, based on the bottom-line? Click here to read more.
reiaSense – September 2023
Check out the September 2023 issue of reiaSENSE, National REIA’s monthly government affairs publication. Click here to download.
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