Chicago Investors Partner Up to Take Real Estate Plunge 11/10/17
The Chicago Tribune recently ran a story featuring the Chicago Area Real Estate Investors Association (one of three groups in the Chicagoland area affiliated with National REIA) and how they work with emerging investors.
Black Knight: Home Prices Up 6.24%
Black Knight Financial Services recently released their August, 2017 Home Price Index (HPI) report that says that U.S. home prices were up 6.24% year over year in August and up 0.24% for the month. The HPI value for August was $282k.
Zumper’s National Rent Report for November
Rental information site Zumper recently released their National Rent Report for November showing that the median national rent for 1-bedroom apartment was $1,175 and $1,391 for a 2-bedroom apartment.
U.S Construction Spending Slightly Higher in September
The U.S. Census Bureau is reporting that total construction spending in September was estimated at a seasonally adjusted annual rate of $1,21 trillion, 0.3% above August’s revised number and 2% higher than September, 2016.
Best Zip Codes for Buying SFR’s
ATTOM Data Solutions recently released its Q3 2017 Single Family Rental Market report identifying the top 25 U.S. zip codes for buying single family rental homes based on potential rental yields, cash flow, vacancy rates, appreciation, population growth, neighborhood quality, and average property age.
ABODO’s National Rent Rent Report for November
National apartment listing site ABODO recently reported that the median nationwide rent price increased in November to $1,032 for a one-bedroom apartment – a 1.37% increase since the beginning of the year.
Having a Roommate Changes the Rent vs Buy Equation
Trulia’s latest Rent vs. Buy Report has an interesting twist; They examined the discount of renting with a roommate and what that means in terms whether or not buying a starter home is a better financial decision.
Are Lower Bids Better than Higher Bids?
Every investor knows that you need to get a good price on something if you want to make a profit. This is such common knowledge it seems strange that so many investors are afraid of making low offers.
Celebrating America’s Veterans
Infographic: November 11th is Veterans Day. Here’s a little history about this important day.