States with Cities Over 250k People

The Visual Capitalist reports that more than 80% of the American population resides in an urban area. Utilizing Census data, the infographic below highlights the U.S. states with cities boasting over 250,000 residents. Stay safe and enjoy your Friday! Hat tip to the Visual Capitalist. View infographic here The article States with Cities Over 250k […]
September saw a 0.4% increase in U.S. construction spending, according to the latest report from Real Estate Investing Today.

According to a report by the U.S. government, total construction spending in September 2023 reached a seasonally adjusted annual rate of $1,996.5 billion. This represents a 0.4% increase compared to the revised estimate for August and an 8.7% increase compared to the same period last year. Residential construction also saw growth, with a seasonally adjusted […]
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 […]
In September, there was a notable increase of 12.3% in new home sales.

According to the U.S. Government, sales of new single-family houses in September 2023 reached a seasonally adjusted annual rate of 759,000, marking a 12.3% increase from the revised rate in August and a 33.9% increase from the same period last year. The median sales price for these new houses was $418,800, while the average sales […]
The August report reveals a decline of 8.7% in new home sales.

According to the U.S. Government, new single-family home sales in August 2023 were at a seasonally adjusted annual rate of 675,000, which is 8.7% lower than the revised rate for July and 5.8% higher than the previous year. The median sales price for new homes sold in August was $430,300, with an average sales price […]
New Single-Family Home Size Reach Decade Low
[ad_1] rewrite the content without plagiarism for 1500 words Recent analysis from the NAHB’s Eye on Housing shows that for new single family homes, the median single-family square floor area declined to 2,191 square feet, the lowest reading since the end of 2010. In addition, the average (mean) square footage for new single-family homes fell […]
Nationwide Property Tax Revenues See Largest Increase Since 2009

[ad_1] According to recent analysis from the NAHB’s Eye on Housing, state and local tax data from the U.S. Census show that $286 billion in taxes were paid by property owners in Q4 of 2022. In fact, state and local governments collected $714 billion in property taxes in 2022, $46 billion more than 2021. The […]
America’s Population that’s 65 Years and Older

[ad_1] Knowing your customers is vitally important in today’s housing market. Especially as aging baby boomers downsize and relocate it’s important to know as much as you can about this demographic. Today’s interactive infographic from the U.S. Census bureau offers a wide range of statistics about America’s over 65 population. Interestingly, the pull down menu […]