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...
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...
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...
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 0.7% in August The National Association of Realtors is reporting that existing home sales were down 0.7% in August to a seasonally-adjusted annual rate of 4.04 million (down 15.3% 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 Consumer Price Index Up 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 0.6% in August, 2023. The all...
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 Expense Growth a Cloud in Strong Multifamily Performance According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,728 in August. Click here to read more. Redfin Says Investors...
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 National Rent Control will Make the Housing Crisis Worse A recent commentary published in the Hill by Sharon Wilson Géno (president of the National Multifamily Housing Council) says national rent control will make...
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 0.3% in June The National Association of Realtors is reporting that pending home sales were up 0.3% in June, 2023. Click here to read more. New Home Sales Drop 2.5% in...
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 Administration to Take on So-Called “Junk Fees” in Rental Housing The Biden Administration announced that it has enlisted the help of several real estate platforms in taking on so-called “junk fees” in...