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REIA Update – April 2023

Benefits Get Covered - As of today, April 19th, 2023, we will no longer have access to customized URLs, marketing materials, and relevant networks. Please remove this from your website.   Unbridled Wealth - April 2023 marketing materials are ready and in the community. Look for the file labeled - 2023_04 Packet (Final).zip.odp   Business Solutions - For Q2 2023, your ODP Business Solutions program...

Millennials Make Historic Switch From Renter-Majority to Homeowner-Majority Generation

By: Alexandra Both With 52% of Millennials owning a home, the largest generation in the nation transitioned from renter-majority to owner-majority in 2022. The number of Millennial homeowners increased by 7 million in the last five years, more than triple the number added by Gen X, who came in second. Millennials remained the dominant renter generation, with 17.2...

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. Visit our Website Redfin Says Typical Down Payment Has Fallen 10% As Housing Market Cools The U.S. government is reporting that total construction spending in February, 2023 was at a seasonally adjusted annual rate of $1,844.1...

America’s Population that’s 65 Years and Older

By: Brad Beckett Knowing your customers is vitally important in today's housing market.  Especially as aging baby boomers downsize and relocate it's important to know as much as you can about this demographic.  Today's interactive infographic from the U.S. Census bureau offers a wide range of statistics about America's over 65 population.  Interestingly, the pull down menu offers up over 20...

Check out this week’s Weekly Round Up!

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. Visit our Website Pending Home Sales Up 0.8% in February The National Association of Realtors is reporting that pending home sales were up 0.8% in February, 2023 – the third month in a row. The NAR’s Pending...

Happy Easter ’23!

By: Brad Beckett This Sunday, April 9th is Easter.  Each year the holiday falls on the first Sunday following the full moon after the vernal equinox.  Interestingly, the date fluctuates each year between March 22nd and April 25th.   Today’s infographic from the dataviz blog takes a look at “Easter by the Numbers” all the way from the resurrection of Jesus Christ...

Is Rent Theft?

By: Jeffery S. Watson Dear Anna, For those of you who do not learn from history, you will repeat it. In 2016, a book titled Evicted: Poverty and Profit in the American City, a progressive, pro-tenant publication, began circulating and influencing many of the news stories regarding housing being available in the United States. Then came the Covid Eviction Moratorium, and out of...

23. 3. 29 ECONOMIC UPDATE – New Home Sales Rise

Overview: Over the past week, the troubles in the banking sector did not spread, making investors more willing to shift back to riskier assets, which was negative for mortgage markets. The economic data released this week had little impact and rates finished higher. With each day that passes without significant new problems at any additional banks, investor concerns ease. This...

Your Weekly Roundup from National REIA

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. Visit our Website Existing-Home Sales Surge 14.5% in February The National Association of Realtors is reporting that existing home sales were up 14.5% in February to a seasonally-adjusted annual rate of 4.58 million (down 22.6% year...

Airbnb Bookings Climb Past Pre-Pandemic Highs

By Brad Beckett We love posting about short-term rentals - especially when there's some good news for the segment.  Today's infographic from Statista says Airbnb saw its bookings cut by more than 40% due to Covid 19.  However, as they illustrate, Airbnb bounced back remarkably well in 2021 and 2022 with the number of nights and experiences booked through the platform...