Weekly Real Estate Review 1/10/2020
Some interesting information, don’t forget Chris McLatchey 1/28/20
America’s 2019 Rental Market in Review
How did the rental market fair in 2019? ABODO’s recently released 2019 Annual Rent Report breaks the market down and shows where prices increased, decreased and what trends emerged. Click here to read more.
Black Knight Says Foreclosure Rate Hits 14-Year Low
Foreclosure rates hit a 14-year low in November, according to Black Knight’s latest “first look” report. In fact, November’s 33,500 foreclosure starts marked a 26% year-over-year decline, and was the lowest monthly volume since they began tracking in 2000. Click here to read more.
Construction Spending Up in November
The U.S. government is reporting that total construction spending in November was at a seasonally adjusted annual rate of $1,324.1 billion, which was 0.6% higher than October’s revised estimate. Click here to read more.
FHFA House Price Index Up 5% from 2018
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose .2% in October as well as being up 5% from October 2018. Click here to read more.
Zumper’s National Rent Report for January 2020
Rental information site Zumper recently released their National Rent Report for January, 2020 showing that the median national rent for 1-bedroom apartment was $1,217 (down 0.4%) and the median two-bedroom rent was $1,460 (down 0.3%). Click here to read more.
Projected Change in U.S. House Seats
Along with 2020’s decennial U.S. Census comes reallocation of seats in the U.S. House of Representatives. The constitution specifies that all 435 seats in the U.S. House are reallocated among the states every 10 years based on the results of a census. Click here to read more.
Zillow Says 2020’s Hottest Markets Will be in the South
Housing markets in the U.S. South will perform the best in 2020, this according to a panel of economists and real estate experts recently surveyed by Zillow. Click here to read more.
Top Stories of 2019 for Real Estate Investors – Part 1
Kathy Fettke’s podcast starts off the new year with a run-down of 2019’s significant stories affecting real estate investors. She says reviewing these important stories will help investors focus on where they are coming from and give them a better understanding of what’s next. Click here to read more.
Fifty Best & Worst Cities for Retiring
Infographic: What are the 50 best and worst places to retire? Obviously, any answers would have an element of subjectivity, however a Dental Company from Florida (where else?) recently crunched the numbers using reliable data sources (Census, wallethub, etc) to come up with an interesting list based on eight metrics. Click here to read more.