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. Homeownership & Rental Vacancy Rates for Q3 2023 The U.S. government is reporting that the national vacancy rates for Q3, 2023 were 6.6% for rental housing and 0.8% for homeowner housing. The national...
By Brad Beckett The U.S. Census Bureau says there 16.2 million military veterans in the United States in 2022, representing 6.2% of the total civilian population age 18 and over. Today's graphic illustrates the percentage of those veterans in each U.S. state. Indeed...Stay safe, and have a Happy Friday. "Veterans Day originated as “Armistice Day” on Nov. 11, 1919, the first anniversary...
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 NAR Found Liable for Inflating Commissions; Jury Awards $1.78 Billion in Damages Reuters is reporting that a federal court in Kansas City Missouri has returned a verdict in a class action lawsuit against...
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 Down 2% in September The National Association of Realtors is reporting that existing home sales were down 2% in September to a seasonally-adjusted annual rate of 3.96 million (down 15.4% year...
By Tony Youngs As I go to various states pursuing distressed property acquisitions, I am finding an uptick in the number of sellers that are willing to sell their off-market properties. These include probate situations, tired landlords, elderly moving to assisted living, vacant properties, bankruptcies, and pre-foreclosures. The problem is, sellers still have the impression their homes are worth a lot...
By Brad Beckett We've had several posts about interest rates over the past few years. Today's graphic from the Visual Capitalist reminds us that the 30-year fixed-rate mortgage has reached its highest level since 2002. They say that with rising home prices and tight inventory, affordability is now at its lowest point in history. As always, stay safe and have a...
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 Inflation Running at 3.7% Year Over Year The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.4% in September, 2023. Click here to...
By Brad Beckett 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? Today's chart illustrates just that....and if you've ever seen the crowds and the clockwork efficiency of a Chick-fil-A...
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 Up 0.5% in August 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...
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 Fall 7.1% in August The National Association of Realtors is reporting that pending home sales fell 7.1% in August, 2023. Click here to read more. NAR’s Yun Says Mom & Pop Investors...