Americans Choose Real Estate as Best Investment for the 12th Year in a Row As we mentioned last month, Keeping Current Matters has once again highlighted the fact that for the 12th consecutive year, more Americans prefer real estate as a long-term investment over other options. This trend underscores the enduring appeal and reliability of […]
Real estate remains a top choice for long-term investments. Read More »
American Land Title Association Reports Increase in Seller Impersonation Fraud Attempts The American Land Title Association reveals that seller impersonation fraud attempts are on the rise, with 28% of title companies encountering at least one such incident in 2023, according to their recent study. According to the study, seller impersonation fraud is often detected before
Detecting and preventing seller impersonation fraud Read More »
The U.S. Bureau of Labor Statistics has recently released a report stating that the Consumer Price Index for All Urban Consumers (CPI-U) saw a 0.2% increase in July 2024. Over the past 12 months leading up to July, the index has risen by 2.9%. One significant contributor to this increase was the 0.4% rise in
Inflation has increased by 2.9% compared to the previous year. Read More »
Did you know that having a Trader Joe’s or an ALDI near your property could potentially increase its ROI? This information comes from ATTOM Data’s recent report “8 Ways Neighborhood Data Influences Property Values and Real Estate Decisions.” Keep that in mind when stocking your pantry! Stay safe and have a Happy Friday! [Link to
The Influence of the Location of a Grocery Store on Housing Prices Read More »
The Pacific Legal Foundation recently announced that a Michigan mother has appealed to the Michigan Supreme Court to uphold her constitutional right to fair compensation after her home was foreclosed on by Manistee County, sold, and the county kept $102,636 more than she owed. Chelsea Koetter, a single mother of two, fell behind on her
The National Association of Realtors has reported a 4.8% increase in pending home sales in June 2024. The Pending Home Sales Index, based on contract signings, reached 74.3 in June, with all four U.S. regions seeing an increase in transactions. The chief economist at NAR, Lawrence Yun, noted that the rise in housing inventory has
Pending home sales saw a 4.8% increase in the month of June. Read More »
According to a recent report from Redfin, home purchases in June experienced the highest rate of cancellations on record, with 56k home-purchase agreements being canceled, equal to 14.9% of homes that went under contract that month. The report attributes this trend to higher housing costs causing buyers to get cold feet. Additionally, the median home
In June, home purchases experienced the highest rate of falling through on record. Read More »
Realtor.com reports that investors have reduced their home buying activity in recent years. However, their latest report shows that investor share has increased despite purchasing fewer homes. The data was obtained by analyzing deed records from January 2000 to March 2024, both nationally and in the 150 largest US metros. The analysis only included single-family
Investor Share Rises as Home Sales Plummet to Lowest Levels in Over a Decade Read More »
Several states across the nation are holding off sales tax holidays for the back-to-school season. Whether you think this is good or bad public policy can be saved for another day; the bottom-line is saving your hard-earned money! The data has been provided by the Federation of Tax Administrators and actually covers the entire year
We have shared this information for several years now, and it remains relevant: According to a recent Gallup report, real estate continues to be the preferred long-term investment choice for Americans for the 12th consecutive year. The breakdown shows that 36% prefer real estate, 22% prefer the stock market, 18% prefer gold, 13% prefer CDs/bank