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Real Estate Investing
Zumper’s National Rent Report for March ’21 – Real Estate Investing Today
Rental information site Zumper recently released their National Rent Report for March, 2021 showing that their median national rent for 1-bedroom apartment was $1,240 (up 1.1%) and the median two-bedroom rent was $1,501 (down 0.9%). Be…
Construction Spending Up 1.7% in January – Real Estate Investing Today
The U.S. government is reporting that total construction spending in January was at a seasonally adjusted annual rate of $1,525.5 billion, which is 1.7% above than December’s revised estimate. In addition, December’s figure…
Pending Home Sales Down 2.8% in January – Real Estate Investing Today
The National Association of Realtors is reporting that pending home sales were down 2.8% in January, 2021. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) fell slightly to 122.8.…
Federal Judge Rules CDC Eviction Moratorium Unconstitutional, DOJ Appeals – Real Estate…
In late February, a federal judge in the Eastern District of Texas ruled that the CDC’s moratorium on evictions was unconstitutional. According to the Business Insider, U.S. District Judge John Barker said that the creation…
New Home Sales Up 19.3% Year-Over-Year – Real Estate Investing Today
The U.S. Government is reporting that sales of new single-family houses in January, 2021 were at a seasonally adjusted annual rate of 923k which is 4.3% higher than December’s revised rate and is 19.3% higher than one year…
Selected States’ Sales Taxes as Percentage of Total Revenue
We have had a lot of posts about taxes and the various tax rates & collection methods across the country. Today’s infographic from the U.S. Census Bureau takes a look at selected state sales taxes to show how the…
S&P CoreLogic Case-Shiller Index Up 10.4% – Real Estate Investing Today
According to the latest S&P CoreLogic Case-Shiller Indices, covering all nine U.S. census divisions, the rate of home price increases reported a 10.4% annual gain in December, 2020. Their 10-City Composite annual…
FHFA House Price Index Up 10.8% Year-Over-Year – Real Estate Investing Today
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices were up 1.1% in December and up 10.8% from one year ago. The FHFA produces the nation’s only public, freely…
Cities Where Homes Are Selling the Fastest – Real Estate Investing Today
Last spring, the Covid-19 pandemic brought America’s real estate market to a virtual standstill. Roofstock reminds us that location still matters and that despite record-low inventory, demand is extremely strong in areas of…
Treasury Publishes Details About the Emergency Rental Assistance Program – Real Estate…
With the goal of “keeping families in their homes,” the U.S. Department of the Treasury says the Emergency Rental Assistance program makes available $25 billion to assist households that are unable to pay rent and utilities…