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CoreLogic Says Annual Rent Growth Remains Slow But Steady

CoreLogic reports that annual rent growth continues to be slow but steady.

The most recent CoreLogic Single-Family Rent Index (SFRI) reports that U.S. single-family home rental prices increased by 2.8% year over year in December 2023, consistent with the previous four months. Despite rent gains slowing down in the second half of 2023, costs have still risen by almost 30% since early 2020. According to Molly Boesel, […]

CoreLogic reports that annual rent growth continues to be slow but steady. Read More »

Flipping Activity Continues to Drop While Profits Continue to Rise

Despite profits continuing to rise, the activity of flipping has seen a decline.

The latest U.S. Home Flipping Report from ATTOM reveals that in Q3, 2023, a total of 72,543 single-family houses and condominiums were flipped, accounting for 7.2% of all home sales during that period. ATTOM also reports that investor returns have been increasing for the past three quarters, with margins and raw profits reaching their highest

Despite profits continuing to rise, the activity of flipping has seen a decline. Read More »

Foreclosure Starts Rose in October - Real Estate Investing Today

Foreclosure initiations surged in October – Real Estate Investing Today

According to Black Knight’s latest Mortgage First Look, the national delinquency rate decreased by 3 basis points to 3.26% in October. This represents a 9 basis point improvement compared to the same time last year. However, foreclosure starts increased to 33,000 in October, reaching their highest levels in 18 months. Meanwhile, the number of foreclosure

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Trust in Media Reaches New Low - Real Estate Investing Today

Trust in media reaches new low

According to Statista, a free press is crucial for holding governments accountable and informing the public, allowing voters to engage in political discussions and make informed decisions. However, Gallup data cited by Statista shows that an increasing number of Americans no longer trust the media. This situation reminds us of the saying “trust, but verify.”

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More Couples are Using Wedding Registries for Help Buying First Home - Real Estate Investing Today

More Couples are Using Wedding Registries for Help Buying First Home

According to a recent analysis from Zillow, more couples are using wedding registries to seek financial assistance in purchasing their first home. The data reveals that the number of couples including “home funds” in their wedding registry has increased by 55%. Approximately 20% of couples registered on The Knot, a popular bridal registry site, are

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U.S. Construction Spending Up 0.4% in September - Real Estate Investing Today

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

September saw a 0.4% increase in U.S. construction spending, according to the latest report from Real Estate Investing Today. Read More »

Zombie Foreclosures Rise in Q4 - Real Estate Investing Today

The fourth quarter sees an increase in zombie foreclosures

According to ATTOM Data’s Q4 2023 Vacant Property and Zombie Foreclosure Report, there were approximately 1.3 million vacant residential properties in the United States. This accounts for 1.27% of homes nationwide, or one in every 78 homes. The vacancy rate remained virtually unchanged from the previous quarter. The report also revealed that there were around

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