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 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 »
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 »
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
According to a report from the U.S. government, total construction spending in May 2024 reached a seasonally adjusted annual rate of $2,139.8 billion, marking a 0.1% decrease from the revised April figure. However, the revised estimate for May shows a 6.4% increase compared to the previous year. Residential construction was at a seasonally adjusted annual
Construction spending in the U.S. experienced a modest decrease in May. Read More »
The Visual Capitalist reports that more than 80% of the American population resides in an urban area. Utilizing Census data, the infographic below highlights the U.S. states with cities boasting over 250,000 residents. Stay safe and enjoy your Friday! Hat tip to the Visual Capitalist. View infographic here The article States with Cities Over 250k
According to ATTOM Data’s May 2024 U.S. Foreclosure Market Report, there were 32,621 U.S. properties with foreclosure filings in May. This is a 3% increase from the previous month but a 7% decrease from the previous year. The data shows that one in every 4,320 housing units nationally had a foreclosure filing in May. The
According to the most recent CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, rose by 5.3% year over year in April 2024, which is consistent with March. However, CoreLogic predicts that by Spring 2025, national price gains will slow to 3.4%, with only a few states seeing increases of more than
CoreLogic Says Single-Family Home Price Appreciation was 5.3% in April Read More »
WalletHub says the average American can expect to move an estimated 12 times in a lifetime. They say moving can be a sign of opportunity, prompted by a new job or long-term wealth accumulation, but people may also move because of instability such as foreclosure or job loss. With that in mind, they compared over
WalletHub’s Best & Worst Places To Raise a Family – 2024 Read More »
According to the April 2024 U.S. Foreclosure Market Report by ATTOM, there were a total of 31,649 U.S. properties with foreclosure filings, which is a 4% decrease from March and a 4% decrease from the previous year. This means that one out of every 4,453 housing units had a foreclosure filing during this period. The
Top 10 Counties with the Highest Number of Foreclosure Initiations Read More »