Rentcafe’s Rental Activity Report for August ’23
[ad_1] According to their August 2023 Rental Activity Report, Rentcafe says “renting is now the new buying” as high home prices and the peak rental season bring out more renters looking for apartments. For August, here are the places seeing the most listing activity and attracting the most attention from apartment hunters. Some key points: […]
Four Legal Tools You’ve Got to Master
The basic foundation of wealth consists of four legal tools. If you understand the tools and know how to use them, your chances for success are much better. If you and/or your parents don’t have the four tools already, it is time to get moving. It’s worth every effort you make and every dime you spend getting the foundation in place. Here’s a basic overview of the four tools:
States Losing & Gaining Population
[ad_1] The U.S. Census Bureau recently identified Florida and Idaho as America’s fastest-growing states. Today’s graphic from Statista illustrates which U.S. states have been gaining& losing population from July 2021 to June 2022. Stay safe and have a Happy Friday!!! “While states in the West or South had been attractive for new residents since before […]
New Home Sales by Financing Source
[ad_1] Recent analysis of mortgage data by the NAHB’s Eye on Housing reveals that the share of new home sales backed by FHA loans climbed from 12.1% to 14.0% in Q2 of 2023. They say this is the largest share since Q1 2021 but roughly three percentage points lower than the post-Great Recession average. In […]
Consumer Price Index Up 3.2% Year Over Year
[ad_1] The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0/2% in July, 2023. The all items index was up 3.2% for the 12 months ending in July. Once again, the BLS says the index for shelter (housing costs) was the largest contributor (90%) […]
America’s $20 Trillion Economy by State
[ad_1] Today’s graphic from the Visual Capitalist reminds us that when you add up the parts, every U.S. state plays an integral role in the country’s overall economy – to the tune of $20 trillion. Take a look at how each state’s GDP plays its role in the nation’s overall big picture – it’s quite […]
Squatters ravage $1M Fort Lauderdale Home and Leave it Bug Infested
[ad_1] We’ve had several posts about the growing problem of squatters flouting the law or even creating counterfeit documents to claim possession. Recently, law enforcement in Ft. Lauderdale, Florida removed 10 people who illegally took over an expensive home, leaving it, according to local officials, bug infested and damaged. According to the NY Post, the […]
Housing’s Share of the Economy Lower in Q2 2023
[ad_1] The NAHB’s Eye on Housing says at the end of Q2 2023, housing’s share of the economy was 15.8%, while overall GDP increased for the 4th consecutive quarter – increasing at an annual rate of 2.4%. They say housing-related activities contribute to the U.S. GDP in two basic ways. First; through residential fixed investment […]
Boston REIA August Monthly Meeting Replay Now Available
This is a golden opportunity to learn from the best in the industry as they take you through a comprehensive 10-step roadmap to successfully navigate lease options. In this session, Chris and Bo will cover a range of topics, including: Additionally, they will address common challenges that arise during lease option deals and provide tried-and-tested […]
Zumper’s National Rent Report for July ’23
[ad_1] Rental information site Zumper recently released their latest monthly National Rent Report for July, 2023. According to their data, rent for 1-bedroom apartments was $1,506 (up 3.2% year over year) and the median two-bedroom rent was $1,882. Zumper says the 3.2% year-over-year increase for 1-bedroom was the smallest gain in over two years. Be […]