Boston Real Estate Investors Association

Construction spending in the U.S. experienced a modest decrease in May.

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 »

States with Cities Over 250k People

News / Boston REIA

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

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Existing Home Sales Down Slightly in May

News / Boston REIA

The National Association of Realtors has reported a 0.7% decrease in existing home sales in May, with a total of 4.11 million homes sold at a seasonally-adjusted annual rate. This marks a 2.8% decline compared to the previous year. Inventory levels have increased, with 1.28 million units available at the end of May, representing a

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WalletHub’s Best & Worst Places To Raise a Family – 2024

News / Boston REIA

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

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Top 10 Counties with Greatest Number of Foreclosure Starts

Top 10 Counties with the Highest Number of Foreclosure Initiations

News / Boston REIA

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

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Availability of Lots for New Homes Drops Year-Over-Year

The number of available lots for new homes has decreased compared to the previous year.

News / Boston REIA

According to the most recent New Home Lot Supply report from Zonda, in Q1 2024, there was a tightening of lot supply year-over-year across the U.S. The report notes that lot inventory remains “significantly undersupplied” in most markets, and this trend reflects the increased construction activity in recent quarters. Ali Wolf, the chief economist at

The number of available lots for new homes has decreased compared to the previous year. Read More »

Top American cities for singles

News / Boston REIA

Zumper has compiled a list of the best cities for singles based on factors such as median rent, percentage of single population, cost of living, median income, unemployment rate, and access to dining and entertainment. They have identified the top 10 states for singles, including Atlanta, GA; St. Louis, MO; Minneapolis, MN; Boston, MA; Madison,

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There are numerous advantages to becoming a member of a local Real Estate Investors Association (REIA).

News / Boston REIA

This week’s infographic highlights the many benefits of joining a real estate investors association (REIA). Being part of a local community of real estate investors can provide you with great value for your investment. Check out the link to find a REIA near you and have a Happy Friday! https://realestateinvestingtoday.com/the-benefits-of-joining-a-local-reia/ The Benefits of Joining a

There are numerous advantages to becoming a member of a local Real Estate Investors Association (REIA). Read More »

FHFA Says Home Prices Up 6.3% Year Over Year

FHFA reports that home prices have increased by 6.3% compared to last year.

News / Boston REIA

The most recent Federal Housing Finance Agency’s House Price Index (HPI) report shows a 6.3% increase in home prices between January 2023 and January 2024. Additionally, the seasonally adjusted monthly index for January rose by 0.1% from December. The FHFA HPI is a comprehensive collection of house price indexes that track changes in single-family home

FHFA reports that home prices have increased by 6.3% compared to last year. Read More »

CoreLogic Says Annual Rent Growth Remains Slow But Steady

CoreLogic reports that annual rent growth continues to be slow but steady.

News / Boston REIA

The most recent CoreLogic Single-Family Rent Index (SFRI) reports that U.S. single-family home rental prices increased by 2.8% year over year in December 2023, consistent with the previous four months. Despite rent gains slowing down in the second half of 2023, costs have still risen by almost 30% since early 2020. According to Molly Boesel,

CoreLogic reports that annual rent growth continues to be slow but steady. Read More »