According to ATTOM Data’s Q4 2023 Vacant Property and Zombie Foreclosure Report, there were approximately 1.3 million vacant residential properties in the United States. This accounts for 1.27% of homes nationwide, or one in every 78 homes. The vacancy rate remained virtually unchanged from the previous quarter. The report also revealed that there were around […]
The fourth quarter sees an increase in zombie foreclosures Read More »
Apartment List recently released their latest National Rent Report for November 2023, providing key insights into the current state of the rental market. This report offers valuable information for those interested in real estate investing. The National Rent Report from Apartment List, a trusted source in the industry, is a reliable resource for real estate
Apartment List recently released their latest National Rent Report Read More »
According to the latest House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA), home prices witnessed a 0.6% increase in August 2023. The report further states that prices have risen by 5.6% from August 2022 to August 2023. The FHFA HPI is a comprehensive collection of house price indexes that track changes
The U.S. government has released data on national vacancy rates for Q3, 2023. The vacancy rates for rental housing were reported at 6.6%, while for homeowner housing, the rates were 0.8%. The homeownership rate for Q3, 2023 was 66%. Out of all housing units in the United States during this period, approximately 89.6% were occupied
According to a report from Reuters, a federal court in Kansas City, Missouri has ruled in favor of the plaintiffs in a class action lawsuit against the National Association of Realtors (NAR), awarding them $1.78 billion in damages. The lawsuit represented sellers of over 260,000 homes in Missouri, Kansas, and Illinois between 2015 and 2022
According to the National Association of Realtors (NAR), pending home sales increased by 1.1% in September 2023. The NAR’s Pending Home Sales Index, which is based on contract signings, recorded a value of 72.6 for September. However, the NAR reports that all four regions in the United States experienced a decline in transactions compared to
September saw a 1.1% increase in pending home sales – Real Estate Investing Today Read More »
The U.S. Bureau of Economic Analysis has announced that the country’s real gross domestic product (GDP) grew by 4.9% in the third quarter of 2023. This represents a 2.1 percentage point increase compared to the annualized growth rate in the second quarter. For more information, you can read the full report on the U.S. Bureau
According to the U.S. Government, sales of new single-family houses in September 2023 reached a seasonally adjusted annual rate of 759,000, marking a 12.3% increase from the revised rate in August and a 33.9% increase from the same period last year. The median sales price for these new houses was $418,800, while the average sales
In September, there was a notable increase of 12.3% in new home sales. Read More »
According to pest control and rodent removal company Orkin, Chicago has once again claimed the top spot on their Top 50 Rattiest Cities List for the ninth year in a row. Los Angeles has moved up to the second position, while New York has dropped to third. Orkin determines the rankings based on the number
America’s Top 50 Cities with the Highest Rat Population Read More »
The National Association of Realtors (NAR) has reported a 2% decline in existing home sales for September, with a seasonally-adjusted annual rate of 3.96 million. This represents a 15.4% decrease compared to the previous year. Despite a 2.7% increase in total housing inventory from August, the inventory is still 8.1% lower than a year ago,
September saw a 2% decline in the sales of existing homes, according to authentic data. Read More »