Boston Real Estate Investors Association

Original: U.S. Homeownership & Rental Vacancy Rates for Q3 2023 – Real Estate Investing TodayRewritten: Homeownership and Rental Vacancy Rates in the United States for Q3 2023 – Real Estate Investment News

The U.S. government has released data on national vacancy rates for Q3, 2023. The vacancy rates for rental housing were reported at 6.6%, while for homeowner housing, the rates were 0.8%. The homeownership rate for Q3, 2023 was 66%. Out of all housing units in the United States during this period, approximately 89.6% were occupied […]

Original: U.S. Homeownership & Rental Vacancy Rates for Q3 2023 – Real Estate Investing TodayRewritten: Homeownership and Rental Vacancy Rates in the United States for Q3 2023 – Real Estate Investment News Read More »

America’s Top 50 Cities with the Highest Rat Population

News / Boston REIA

According to pest control and rodent removal company Orkin, Chicago has once again claimed the top spot on their Top 50 Rattiest Cities List for the ninth year in a row. Los Angeles has moved up to the second position, while New York has dropped to third. Orkin determines the rankings based on the number

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Caution: Fraudulent Activities Ahead

News / Boston REIA

In a recent episode of the Rent Perfect podcast, David Pickron discusses how we have all been victims of fraud in some way, even if we are not aware of it. He shares six simple ways to protect ourselves from fraud, with the top recommendation being to freeze our credit. You can listen to the

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Yardi Says Multifamily Remains Robust Despite Challenges

Yardi Asserts Multifamily Sector’s Strength Amidst Obstacles

News / Boston REIA

According to the latest Yardi Matrix Multifamily Report, the average rent for multifamily properties in the United States was $1,722 in September 2023. Despite challenges such as rising energy costs and higher interest rates, the market remains strong overall due to strong job growth and household formation. However, there are concerns about the potential impact

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Inflation Running at 3.7% Year Over Year

Inflation is currently recorded at a year-over-year rate of 3.7%

News / Boston REIA

The U.S. Bureau of Labor Statistics has released a report stating that the Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.4% in September 2023. The overall index showed a 3.7% increase for the 12 months leading up to September, which was the same as the previous month. The rise in the index

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Top Fast-Food Chains Based on Sales Figures

News / Boston REIA

According to The Daily Infographic, fast-food chains have become a significant part of American culture with a wide variety of options for everyone. The infographic ranks the most popular chains based on their average sales per store. Chick-fil-A takes the top spot, known for its efficiency and crowded lunchtime lines. Check out the infographic for

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Top 10 Retirement Towns That Offer Great Affordability

News / Boston REIA

1. Asheville, North Carolina: Known for its stunning mountain views and vibrant arts scene, Asheville offers a reasonable cost of living and affordable housing options for retirees. 2. Prescott, Arizona: With its mild climate and breathtaking natural beauty, Prescott is an ideal retirement destination that won’t break the bank. The city also boasts a low

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NAR’s Yun Says Mom & Pop Investors Need Capital Gains Cut

NAR’s Yun Advocates for Capital Gains Tax Cut to Benefit Small Investors

News / Boston REIA

According to the National Association of Realtors (NAR) Chief Economist, Yun, small investors, commonly referred to as “mom and pop investors,” would greatly benefit from a reduction in capital gains taxes. Yun suggests that lowering capital gains taxes would provide these investors with increased opportunities to grow their investments and generate higher returns. By reducing

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The Challenges of Converting Vacant Office Space into Apartments

Converting vacant office space into apartments poses several challenges.

News / Boston REIA

Brian Hamrick During a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick interviews Andrew Hinton, who is in the final stages of converting an office space into an apartment. They discuss both the positive and negative aspects of the project, including challenges with architects, engineers, and city inspectors, as

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Housing Construction Plummets in August

News / Boston REIA

The U.S. government has released a report stating that privately-owned housing starts in August were at a seasonally adjusted annual rate of 1,283,000. This is 11.3% lower than the revised number for July and 14.8% lower than the same time last year. In August, there were 334,000 units in buildings with five units or more.

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