Sloppy Inflation: The discussion around inflation has become quite sloppy. Rather than focus on all the misstatements, please know that references to inflation “coming down” is in no way an actual reduction in costs. It is a reduction in the rate of increase. This is critical when thinking about budgets and longer term planning. The deflationary aspect of the economy...
By Brad Beckett We've seen a lot of data about people migrating around country to better economic climes. Today's graphic from Statista illustrates the states that losing & gaining population. Interestingly, they say as pandemic patterns of population growth are normalizing, three economically successful states have remained among the U.S. jurisdictions which are shrinking. Indeed...Stay safe and have a Happy Friday!! "Americans...
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 1.9% in April The National Association of Realtors is reporting that existing home sales were down 1.9% in march to a seasonally-adjusted annual rate of 4.14 million – down...
By Brad Beckett Monday, May 27th is Memorial Day. For most Americans the three-day weekend will mark the unofficial start of summer. However, the solemn significance of the day is often forgotten. It is actually a national day of remembrance for America’s military men & women who paid the ultimate sacrifice while defending freedom & liberty around the globe. Today’s infographic from...
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 Continues to Rise The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in April, 2024. The all items index was up 3.4%...
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 Yardi Says Steady Absorption is Boosting Multifamily Rents According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,725 in April, 2024. Click here to read more. Best American Cities for...
By Jeffrey S. Watson Recently, I spoke to a group of real estate investors about buying properties using a creative financing method. Some of the questions asked reminded me how crucial it is that real estate investors have cash reserves to deal with the unexpected. I consider cash reserves to be “Murphy’s Law repellant” (anything that can go wrong will go...
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 Homeownership & Rental Vacancy Rates for Q1 2024 The U.S. government is reporting that the national vacancy rates for Q1, 2024 were 6.6% for rental housing and 0.8% for homeowner housing. The national homeownership...
Fee what?: The Pacific Legal Foundation in yet another Constitutional victory for property owners and businesses alike, won a groundbreaking case at the U.S. Supreme Court. The case focused on impact fees and the conditional approval of a fee in order to receive a building permit. The 9-0 case set a clear precedent that municipalities are definitely restricted from this...
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 Georgia Governor Signs Bill Making Squatting a Crime Following on the heels of Florida, Georgia Governor Brian Kemp recently signed legislation which would allow property owners to go after squatters for damages, in...