Your Weekly Roundup

12Aug

Your Weekly Roundup
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 4.8% in June

The National Association of Realtors is reporting that pending home sales jumped 4.8% in in June, 2024. Click here to read more.
Unemployment Rate Edges Up to 4.3%

According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 114k in July, 2024 with the unemployment rate rising slightly to 4.3%. Click here to read more.
S&P CoreLogic Case-Shiller Breaks Previous Month’s All-Time High

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.9% annual increase for May, 2024. Click here to read more.

 
Local Market Monitor’s National Economic Outlook for July ’24

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.
U.S. Homeownership & Rental Vacancy Rates for Q2 2024

The U.S. government is reporting that the national vacancy rates for Q2, 2024 were 6.6% for rental housing and 0.9% for homeowner housing. The national homeownership rate for Q2 2024 was 65.6%. Click here to read more.

 
FHFA Says Home Prices Up 5.7% from Last Year

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices home prices were unchanged in May, 2024. However, prices rose 5.7% from May 2023 to May 2024. Click here to read more.
Realtor.com’s Top Markets for Renters 2024

What are the top markets for renters in 2024? Realtor.com says we’re now in the second half of the peak rental season, so with that in mind, they produced a new report with top rental markets with cities offering a great combination of affordable rental options and job opportunities. Click here to read more.
From Fractional Banking to Freedom: How the Infinite Banking Concept Counters Conventional Banking Flaws

Jason K. Powers says to understand the unique approach of the Infinite Banking Concept (IBC), it’s essential to first delve into the foundational practices of the modern U.S. banking system – particularly, fractional reserve banking. This system, where banks are required to keep only a fraction of their total deposits in reserve and are free to lend out the remainder, is a cornerstone of contemporary finance. Click here to read more.
Cities with the Highest Rent in 2024

Infographic: The Visual Capitalist says rental prices have surged in several American cities in recent years. Citing data form Zumper, they say such factors such as inflation, limited housing inventory, and barriers to homeownership have all contributed to the increase in rent costs. 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.

 

 
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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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