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…
February 2021 Ponzi Scheme Roundup
Posted by Kathy Bazoian Phelps Below is a summary of the activity reported for February 2021. The reported stories reflect at least 3 new Ponzi schemes worldwide, 1 guilty plea, over 62 years of prison sentences, and an average age of…
RealtyTrac: There’s a Greater Chance Landlords Will Default | Paper Source Online
Originally published by Florida Realtors | February 17, 2021
4 Florida counties made the top 25 for increased risk of landlord default, mostly due to an eviction ban that made it harder for some owners to pay the property’s mortgage.…
TX Federal Judge Rules That National Eviction Moratorium is Unconstitutional | Paper Source Online
A federal judge has ruled that the national moratorium on evictions instituted by the Centers for Disease Control and Prevention is unconstitutional.
U.S. District Judge John Barker did not issue an injunction; however, the Donald Trump…
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…
Like Home Buyers, Renters Are Favoring Smaller Markets | Paper Source Online
“Although rents across the U.S. have been growing at a slower pace since the onset of COVID-19 and the major tech hubs continue to see declines, some markets are seeing rents grow by double digits,” says Danielle Hale, Realtor.com®’s chief…