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 Realtor.com Chief Economist: US housing Market has “Big Hole to Dig Out Of” On a recent episode of Mornings with Maria, Realtor.com’s chief economist, Danielle Hale, said “We’ve got a big hole 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 Pending Home Sales Hit Lowest Level in 20 years The National Association of Realtors is reporting that pending home sales dropped 1.5% in October, 2023. Click here to read more. FHFA Says Home Prices Up...
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 Hits Lowest Level in 13 Years The National Association of Realtors is reporting that existing home sales were down 4.1% in October to a seasonally-adjusted annual rate of 3.79 million (down...
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 Be on the Lookout for Squatters On a recent episode of the Rent Perfect podcast David Pickron says incidents of squatters are on the rise around the country, and may coming to your...
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 Household Debt Rises to $17.29 Trillion A new report from the New York Fed says household debt has risen to $17.29 trillion (up 1.3%) in Q3 2023, led by mortgages, credit cards and...
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...
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...
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...