By M. Jane Garvey Many investors get into real estate because they like to know that there is something physical and tangible that they are buying. It is perceived as lower risk than some other investments. In the case of providing housing, we are providing a much-needed service, so the presumption is that there is an inherent value. In a perfect...
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 Up Slightly in May The National Association of Realtors is reporting that existing home sales were up 0.2% in May to a seasonally-adjusted annual rate of 4.30 million (down 20.4% 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 Housing Costs Continue to Drive Inflation Index 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 May, 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 NREIA Joins Buckeye Institute Calling on SCOTUS to Protect America’s Judicial System from Abuse The Ohio-based Buckeye Institute for Public Policy Solutions filed an amicus brief in Acheson Hotels v. Laufer, calling on...
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 FHFA Says Home Prices Up 4.3% Year-Over-Year According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 4.3% from March 2022 through March 2023. Click here to...
Maumee, Ohio - May 30, 2023: The City of Maumee is under scrutiny for its refusal to place a crucial referendum on the November 2023 election ballot. The referendum would allow voters to determine whether recently enacted Ordinance 002-2023 should be overturned. The rental housing ordinance, promoted by City Administrator, Patrick Burtch, would impact approximately 25% of Maumee’s housing stock. It...
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 New Home Sales 4.1% in April The U.S. Government is reporting that sales of new single-family houses in April, 2023 were at a seasonally adjusted annual rate of 683k, which is 4.1% higher...
Expert discusses preparing for CRA modernization Jason Keller, associate director of U.S. Advisory Services with Wolters Kluwer Compliance Solutions and former community and economic senior advisor at the Federal Reserve Bank of Chicago, spoke with Dodd Frank Update about the upcoming Community Reinvestment Act modernization rules and what lenders can do to get ready for any changes. CFPB experiences data breach ‘major...
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 3.4% in April The National Association of Realtors is reporting that existing home sales were down 3.4% in April to a seasonally-adjusted annual rate of 4.28 million (down 23.2% year...
Monday, May 22, 2023 Experts discuss AI as the next frontier of fair lending At CBA Live, hosted by the Consumer Bankers Association, Dodd Frank Update sat in on a discussion with experts about the next frontier in fair lending: artificial intelligence (AI). The panel of experts discussed the ways AI is being used in fair lending and what regulators are doing...