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 Eye […]
Nationwide Property Tax Revenues See Largest Increase Since 2009 Read More »
According to Black Knight’s latest Mortgage Monitor, home prices saw their first monthly increase after 7 straight monthly declines as sales picked up on lower interest rates. However, they point out that available inventory levels continue to deteriorate. Indeed… “The unfortunate reality is that the scarce supply of inventory that’s the source of so much
Black Knight Says Inventory Levels Continue to Deteriorate Read More »
According to the latest CoreLogic Loan Performance Insights Report, in January 2023, 2.8% of mortgages were delinquent by at least 30 days or more including those in foreclosure. This figure represents a 0.5-percentage point decrease in the overall delinquency rate compared with January 2022. CoreLogic says measuring early-stage delinquency rates is important for analyzing the
US Mortgage Delinquencies Fall for 22nd Straight Month Read More »
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 offers
America’s Population that’s 65 Years and Older Read More »
A new report from Wells Fargo says credit is getting more expensive and likely to become harder to access in the wake of the recent so-called banking crisis. Their report looks at the degree to which credit has sustained consumer spending so far and how diminished access to credit could negatively impact consumer spending. Some
Consumers are Relying on Credit Much More than in the Past Read More »
Realtor.com says not all corners of the U.S. are quite as “new-home parched” as others. They say there are many places across the nation where builders are putting up new homes to meet growing demand – especially in areas where the dollar stretches further.  As you might have guessed, most of these locations are in
Where are America’s New Home-Building Boomtowns? Read More »
This Sunday, April 9th is Easter. Each year the holiday falls on the first Sunday following the full moon after the vernal equinox. Interestingly, the date fluctuates each year between March 22nd and April 25th.  Today’s infographic from the dataviz blog takes a look at “Easter by the Numbers” all the way from the resurrection
Happy Easter ’23! – Real Estate Investing Today Read More »
Rental information site Zumper recently released their latest monthly National Rent Report for March, 2023. According to their data, rent for 1-bedroom apartments was $1,494 (up .02% from February) and the median two-bedroom rent was $1,833 (up 0.5% from February). Zumper says this uptick points to a larger trend of deceleration of price increases and
Zumper’s National Rent Report for March ’23 Read More »
The National Association of Home Builders says single-family market share continues to shift away from large metro areas. Citing data from their recent Q4 Home Building Geography Index (HBGI), they say the largest growth in single-family market share came in rural markets (micro counties and non-metro micro counties), rising from 9.4% in Q4 2019 to
Single-Family Market Share Continues to Shift Away from Large Metros Read More »
What are the 25 places in America where $100k goes the farthest? The folks over at SmartAsset remind us that a $100k salary just isn’t what it used to be. With factors such as inflation and varying cost of living in different parts of the country, there are places that give you more bang for