CNBC Reports Rocket Companies Acquisition of Redfin CNBC is reporting that Rocket Companies is acquiring Redfin in an all-stock deal worth $1.75 billion. The deal is expected to close in 2nd or 3rd quarter of this year. Comparing the two companies, CNBC says Redfin operates a home search platform with more than 1 million for-sale […]
Rocket acquires Redfin in a $1.75 billion agreement Read More »
The Impact of Consumer Spending on U.S. GDP The Visual Capitalist says consumer spending represents 68% of U.S. GDP, with much of this used for housing, transportation, and healthcare costs. Today’s graphic shows the average annual expenditures of Americans, based on data from the Consumer Expenditures Survey 2023 by the Bureau of Labor Statistics. Stay safe
The way in which Americans allocate their finances Read More »
Affluent Home Buyers Using Rent-to-Own Deals A recent report in the Wall Street Journal (reposted on Realtor.com) says real-estate agents are reporting that affluent home buyers are using rent-to-own deals to finance their homes. Interestingly, they say rent-to-own transactions offer well-to-do buyers substantial benefits such as (in new construction) the ability to discover construction defects
Wealthy home buyers are increasingly embracing the concept of rent-to-own. Read More »
BLS Reports Inflation Eases in February The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in February, 2025. The all items index was up 2.8% for the 12 months ending in February. Interestingly, while the index for shelter increased 4.2% over the last year,
The Impact of Property Taxes on Local Government Financing
The Places with the Highest Property Tax Rates in 2025 Read More »
Top 15 Fastest Growing States We’ve seen a lot of recent posts about where people are moving to & from. Today’s graphic from Realtor.com shows us the top 15 states with the fastest growing populations. They say last year the U.S. saw its population surge at its highest rate since 2001, overwhelmingly driven by an
Is it Better to Buy or Rent in 2025? Is it better to buy or rent? That’s an age-old question that really depends on a lot of variables – especially an individual’s station in life. According to their 2025 Rental Affordability Report, ATTOM says both owning & renting remain difficult for average U.S. workers, commonly
Super Bowl 59 Preview: Kansas City Chiefs vs. Philadelphia Eagles This Sunday, February 8th, the highly anticipated Super Bowl 59 will take place in New Orleans, LA. The Kansas City Chiefs and Philadelphia Eagles will face off in a battle for the top NFL crown. Are you ready for the super deluxe happy fun bowl?
Does a resident of your hometown participate in Super Bowl 59? Read More »
New Law in Georgia Aims to Protect Residents from Title Theft HousingWire is reporting that a new law in Georgia aims to protect residents from title theft. According to the report, House Bill 1292, which became effective on January 1st, requires anyone filing a deed or mortgage to present proper ID as well as being
Residents in Georgia are now protected from title theft under a new law. Read More »
Revisiting the Fundamentals By Jeffery S. Watson Recently, I was privileged to sit in a room at a REIA meeting with three legends in the residential real estate investing space. Each of these men has educated thousands of individuals on smart, savvy, safe, and effective ways to be residential real estate investors. Their presence made
Exploring the Basics of Real Estate Investment in the Modern Landscape Read More »