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Consumer Price Index Up 0.4% in December – Real Estate Investing Today
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.4% in December. Over the last 12 months, the all items index increased 1.4% before seasonal adjustment.
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Yardi Says Rents Declined 0.8% in December – Real Estate Investing Today
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were down 0.8% year-over-year in December. Overall, rents declined by $4 to $1,462 – which they say is the largest one-month…
Majority of Americans Get their News from Digital Sources – Real Estate Investing Today
We love news…especially news about real estate investing. And, why not. This is the news site for National REIA and we want our members to be both successful and well-informed! With that in mind today’s infographic from…
The Number of “Million-Dollar Cities” spiked sharply in 2020 – Real Estate…
Zillow says that the typical home value in the U.S. is about $263k, however the number of “million-dollar cities” spiked sharply in 2020. According to their analysis, million dollar cities are those with a typical home…
Inventory Sinks as New Home Prices See Continued Growth – Real Estate Investing Today
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses how inventory has hit a new low while home prices are continuing to rise as well as other recent news affecting the real estate market. Kathy…
Americans Are Moving West and South – Real Estate Investing Today
In their 44th annual National Movers study, United Van Lines says Americans are moving west and south – with the Coronavirus pandemic further accelerating those moves. According to the report, Idaho had highest percentage…
Rental Home Construction Climbs as Purchase Prices Surge – Real Estate Investing Today
According to recent analysis from the the Wall Street Journal (reposted by FOX Business), there hasn’t been this many single-family homes under construction in the U.S. since 2007. However, as they point out, many of these…
America’s 2020 Rental Market in Review – Real Estate Investing Today
Rentable (formerly known as ABODO) says most Americans will be happy to have 2020 behind them – especially after dealing with the Coronavirus pandemic for most of the year. Their recent 2020 Rental Market Review says that…
Comparison Unemployment During the Pandemic – Real Estate Investing Today
A recent “chart of the week” from the Mortgage Bankers Association highlights the various metrics around extended unemployment during the (still) ongoing Coronavirus pandemic. They point out that the pandemic continues to impact the labor…
Owning More Affordable Than Renting in Almost Two Thirds of Housing Markets – Real Estate…
Owning a home is more affordable than renting in nearly 2/3 of America’s housing markets, according to ATTOM Data’s 2021 Rental Affordability Report. Breaking that down, the report says that owning a median-priced three-bedroom home is…