US Mortgage Delinquencies Fall for 22nd Straight Month
[ad_1] 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 […]
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 […]
Consumers are Relying on Credit Much More than in the Past
[ad_1] 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. […]
Where are America’s New Home-Building Boomtowns?
[ad_1] 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 […]
Happy Easter ’23! – Real Estate Investing Today
[ad_1] 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 […]
Zumper’s National Rent Report for March ’23
[ad_1] 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 […]
Single-Family Market Share Continues to Shift Away from Large Metros
[ad_1] 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 […]
Cities Where a $100k Salary Goes the Furthest
[ad_1] 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 […]
Airbnb Bookings Climb Past Pre-Pandemic Highs
[ad_1] We love posting about short-term rentals – especially when there’s some good news for the segment. Today’s infographic from Statista says Airbnb saw its bookings cut by more than 40% due to Covid 19. However, as they illustrate, Airbnb bounced back remarkably well in 2021 and 2022 with the number of nights and experiences […]
Local Market Monitor’s National Economic Outlook for March ’23
[ad_1] March, 2023 The number of jobs in February was 2.9 percent higher than last year, normally an indicator of strong economic growth, but the increase was 3.3 percent in January, 3.5 percent in December. The rate of improvement is slowing down, which probably means that we’re still counting pandemic recovery jobs as new jobs, […]