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 Housing Costs Continue to be the Leading Increase in Inflation Indexes The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.1% in...
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...
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...
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...
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...
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 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...
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 America Has a Shortfall of 6.5 Million Single-Family Homes Thanks to Decade of Under-Building A new report from Realtor.com says a decade of under-building in America has led to a shortfall of 6.5...
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 S&P CoreLogic Case-Shiller Reports 5.8% Annual Home Price Gain The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 5.8% annual gain for December, 2022. Click here to read more. U.S. Construction...
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 0.7% in January The National Association of Realtors is reporting that existing home sales were down 0.7% in January to a seasonally-adjusted annual rate of 4 million (down 36.9% year...