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, and […]
Local Market Monitor’s National Economic Outlook for March ’23 Read More »
A recent report from the NAHB’s Eye on Housing says the market value of owner-occupied real estate decreased $0.07 trillion from $43.57 trillion in Q3 2022 to $43.50 trillion in Q4 2022. The Eye on Housing says as home prices begin to decrease from pandemic highs, households’ real estate asset value fell for the first
Value of Owner-Occupied Real Estate Falls for First Time Since 2012 Read More »
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.4% in February, 2023. The all items index was up 6% for the 12 months ending in February. Interestingly, the BLS says The index for shelter was the largest contributor to the monthly all items
Housing Costs are the Leading Increase in Inflation Read More »
It might be a little apropos considering the developing banking crisis as we post this;Â a recent report from Bankrate.com says an uncertain economy is affecting how Americans are able to save for emergencies. In fact, they say that nearly half (49%) of Americans have less savings (39%) or no savings (10%) compared to a
Bankrate’s 2023 Annual Emergency Savings Report Read More »
A new report from Realtor.com says a decade of under-building in America has led to a shortfall of 6.5 million single-family homes in the U.S. To come up with their conclusions, Realtor.com looked at household formation, housing starts, and home sales. They found that given how many households were formed between 2012 and 2022 the
Monday, March 20th, is the first day of Spring! That means now is a great time to start thinking about your property’s landscaping. Whether it’s a rental or a new flip, a good-looking lawn will certainly add value and improve its curb appeal! The folks over at The Home Depot put together this handy infographic
Spring Fertilization Tips – Real Estate Investing Today Read More »
A recent report from Zillow says the most pet-friendly city in the country for renters is Austin, Texas, with over 4 out of every 5 rental listings allowing pets. In fact, as of January, Zillow says more than half of their rental listings indicated they allow pets. Interestingly, 4 out of the top 10 cities
Zillow’s Most Friendly Pet Cities for Renters Read More »
Understanding The Tax Laws and Regulations is Crucial for Real Estate Investors By Tiffany McBroom and Melanie Sikma Real estate investment is a popular and profitable venture for many individuals, but navigating the tax implications can be overwhelming. It is crucial for real estate investors to understand the tax laws and regulations specific to real
Understanding the Tax Laws and Regulations is Crucial for Real Estate Investors Read More »
We have many posts about breakdown one dollar in rent and other financial stories. However, today’s infographic from the Daily Infographic takes us through all the parts that make up a dollar bill and gives us some basic information about each part. Undoubtedly, many of you reading this post have the first dollar they even
Brian Hamrick On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Glenn and Amber Schworm, who together have weathered the ups & downs of real estate investing through good and difficult markets. Back in 2007, Glenn and Amber Schworm owed $80,000 on their credit cards and