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 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...
By Brad Beckett 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. Today's graphic illustrates the top 10 American cities with the highest rental costs as of May...
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 Kamala Harris Says She’s Ready To Take On Landlords At a recent speech in Atlanta, GA, Vice President Kamala Harris made it clear that she’s interested in continuing many of the Biden Administration’s...
By Brad Beckett The Visual Capitalist reminds us that a state's tax burden measures the percent of an average person’s income that is paid towards state & local taxes. It considers property taxes, income taxes, and sales & excise tax. Today's graphic visualizes the total tax burden by U.S. state.....Watch your wallet, stay safe, and have a Happy Friday!!!
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 Drop 5.4% in June The National Association of Realtors is reporting that existing home sales were down 5.4% in June to a seasonally-adjusted annual rate of 3.89 million - and...
By Brad Beckett Are you investing in the commercial space? Data recently analyzed by Statista says the increasing acceptance of hybrid or fully remote work in a variety of industries coupled with many companies applying cost-cutting measures after pandemic growth spurts has led to a jump in vacant office space in the U.S. In fact, data from Moody's for Q2 2024...
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 Biden Proposes Cap on Rental Increases Nationwide Various news outlets are reporting that President Joe Biden is proposing a 5% cap on rental increases, in effect implementing de-facto rent control, nationwide. Biden’s plan will...
By Brad Beckett The Census Bureau's Population Estimates Program (PEP) produces estimates of the population for the United States, its states, counties, cities, and towns, as well as for the Commonwealth of Puerto Rico and its municipios. In addition, as illustrated by the interactive chart below, they also produce housing unit estimates for the nation, states, and individual counties.
By Brad Beckett The Visual Capitalist says that come election time Americans won’t hesitate to show their approval or disapproval of the country’s elected leaders. However, they point out that feelings about the federal bureaucracy and its agencies are a little harder to gauge. Indeed....Stay safe and have a Happy Friday!!!
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 U.S. Construction Spending Down Slightly in May The U.S. government is reporting that total construction spending in May, 2024 was at a seasonally adjusted annual rate of $2,139.8 billion, which is 0.1% lower...