Consumer Price Index Up 0.2% in November – 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 0.2% in November after being flat in October. Over the last 12 months, the all items index increased 1.2% before seasonal…
The Most Splendid Housing Bubbles in America | Paper Source Online
Originally published by Wolf Street | November 24, 2020
A pandemic of house price inflation.
House prices jumped 7.0% across the U.S., according to the Case-Shiller Home Price Index released in later November. Other indices have…
CoreLogic: Home Prices up 7.3% Year-Over Year in October – Real Estate Investing Today
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased 7.3% year-over-year in October. CoreLogic predicts that home prices will increase on a…
NMHC Says 75.4% of Apartment Households Paid Rent by December 6th – Real Estate Investing…
The National Multifamily Housing Council (NMHC) says that 75.4% of apartment households made a full or partial rent payment by December 6th, 2020. This figure is 7.8% lower than those who paid rent through December 6, 2019 and…
FHFA Extends Foreclosure, REO Eviction Moratorium to Jan. 31, 2021 | Paper Source Online
Originally published by REALTOR Magazine | December 4, 2020
This is the fourth time that the FHFA has extended protections to homeowners.
The Federal Housing Finance Agency has extended its foreclosure and real estate owned eviction…
The Most Valuable Real Estate in America – Real Estate Investing Today
The VisualCapitalist says that real estate value is concentrated in our larger cities. Today’s infographic shows how they stack up and reveals the median value of a home in America’s 30 most valuable cities. It will be…
Refrigerators & Ovens Get Hygiene Makeover During Pandemic – Real Estate Investing Today
The Wall Street Journal is reporting (reposted on Realtor.com) that refrigerators, ovens and other appliances are getting a hygienic makeover during the Covid-19 pandemic. They say manufacturers are rolling out home appliances…
Mortgage Amounts Surge to Record Highs | Paper Source Online
Originally published by REALTOR Magazine | December 4, 2020
Tight housing inventories across the country mixed with strong buyer demand are causing home prices to quickly appreciate.
Home buyers are taking on bigger mortgages as they…
New Home Inventory Sits at a 3.5-Year Low – Real Estate Investing Today
According to recent numbers crunched by the NAHB’s Eye on Housing, new home inventory is sitting at a 3.5-year low. They point out that even with the level of sales remaining high, they exceeded construction starts by historic…
Flipping Houses Helps Chip Away at the Housing Shortage ok – Real Estate Investing Today
(NH Union Leader) Randy Rickenbach does a walk-through with his general contractor.As we have seen over and over again, there is a dearth of housing inventory all across the nation. While the reasons have many variations, the…