How Much Home Can You Get for $1,000,000 in 50 Major U.S. Cities?
A few years ago, we discovered what $300k will get you in each state. Today’s infographic from the DailyInfographic takes a look at how much home (by square footage) you can get for $1 million in 50 major U.S. cities. And as they point out,…
Top 10 Markets For Self Storage Development – Real Estate Investing Today
In their recent 2020 market report, STORAGECafé says that even amid the Coronavirus pandemic and it’s subsequent economic downturn, the self storage industry pushed forward in 2020. According to their report, current nationwide…
Emergency Rental Assistance – How to Apply State by State – Real Estate Investing Today
Details are still emerging about how to apply for assistance under the Emergency Rental Assistance Program. The federal government made $25 billion available to assist households that are unable to pay rent and utilities due to…
Rentable Says March Rent Prices Fall Slightly – Real Estate Investing Today
Rentable (formerly known as ABODO) says that the median nationwide rent price for one-bedroom units in March was $1,123 with two-bedroom units coming in at $1385. Interestingly, they point out that none of the cities in their top ten…
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…
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…