ATTOM Data’s Q4 2024 Vacant Property and Zombie Foreclosure Report According to ATTOM Data’s Q4 2024 Vacant Property and Zombie Foreclosure Report, there were nearly 1.4 million residential properties in the U.S. sitting vacant in Q4. That figure represents 1.3%, or one in 77 homes, across the nation – roughly the same as in the […]
Decrease in Zombie Foreclosures – Real Estate Investment News Read More »
Latest Yardi Matrix Multifamily Report According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rent was $1,753 (up $4) in July, 2024. Year-over-year growth was unchanged at 0.8%. Yardi says multifamily growth is weak, but there is some strength. Indeed… “Multifamily rent growth is weak nationally compared to long-term levels, but the
Yardi Matrix reports that the growth of multifamily rents is currently sluggish. Read More »
According to the most recent CoreLogic Home Price Insights (HPI) report, home prices in the U.S. saw a year-over-year increase of 4.7% in June 2024 compared to June 2023. Month-over-month, there was a 0.3% growth in home prices in June 2024 compared to May 2024. This marks the 149th consecutive month of year-over-year home price
The most recent report from the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index showed a 5.9% annual increase in May 2024. The 10-City Composite saw a 7.7% increase, while the 20-City Composite saw a 6.8% increase year-over-year. According to Brian D. Luke, Head of Commodities, Real & Digital Assets at S&P Dow Jones
S&P CoreLogic Case-Shiller surpasses last month’s record high. Read More »
The National Association of Realtors has reported a 4.8% increase in pending home sales in June 2024. The Pending Home Sales Index, based on contract signings, reached 74.3 in June, with all four U.S. regions seeing an increase in transactions. The chief economist at NAR, Lawrence Yun, noted that the rise in housing inventory has
Pending home sales saw a 4.8% increase in the month of June. Read More »
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
WalletHub says the average American can expect to move an estimated 12 times in a lifetime. They say moving can be a sign of opportunity, prompted by a new job or long-term wealth accumulation, but people may also move because of instability such as foreclosure or job loss. With that in mind, they compared over
WalletHub’s Best & Worst Places To Raise a Family – 2024 Read More »
The latest Yardi Matrix Multifamily Report reveals that the average U.S. multifamily rent in April 2024 was $1,725. Yardi notes that multifamily rents have increased for the second consecutive month, attributing this trend to robust demand in the market. According to Yardi, although rent growth is moderate, there are several positive indicators in the data.
Yardi Reports that Consistent Absorption is Driving Up Multifamily Rental Rates Read More »
Zumper has compiled a list of the best cities for singles based on factors such as median rent, percentage of single population, cost of living, median income, unemployment rate, and access to dining and entertainment. They have identified the top 10 states for singles, including Atlanta, GA; St. Louis, MO; Minneapolis, MN; Boston, MA; Madison,
According to the NAHB’s Eye on Housing, the housing sector’s contribution to the economy reached 16.1% in the first quarter of 2024, exceeding 16% for the first time since 2022. This increase in housing’s share of GDP is attributed to residential fixed investment (RFI) and housing services. RFI includes home building, multifamily development, and remodeling,
Housing’s Contribution to GDP Exceeds 16% for the First Time Since 2022 Read More »