Yardi Says After Record Year, What’s in Store for 2022? According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in December increased $ 2 to $ 1,594 (13.5% year-over-year). Encouragingly, Yardi says rent growth in2021 was more than double any previous year recorded by Matrix. “We anticipate that 2022 will be
Changes in State Population Over One Year Recently reported moving data keeps showing an exodus from high-tax states to those with better climes. Today’s graphic from the U.S. Census Bureau shows changes in population for all 50 U.S. states (and Puerto Rico) and it seems to be pretty consistent with the recent data. Stay safe
Foreclosure Activity Up 94% from One Year Ago According to ATTOM Data’s November U.S. Foreclosure Market Report, there were 19,479 properties in the U.S. with foreclosure filings (default notices, scheduled auctions or bank repossessions). This figure is down 5% from the previous month, but it is up 94% from a year ago. In addition, November
The Juiciest Highlights From Tarek, Christina, Chip, and Jo’s Past Year Realtor.com (who else?) reminds us that in 2021 Chip and Joanna Gaines, Tarek El Moussa, Christina Haack, and the rest of reality TV royalty were busier than ever this year on screen flipping houses, unveiling new decor trends, rehabbing, loving or listing it, etc.
Consumer Price Index Up 6.8% Year over Year The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.8% in November, 2021. However, the all items index rose 6.8% for the 12 months ending November, the largest 12-month increase since 1982. Click here to read the
Top Ten Year End Tax Planning Review (2021) A lot has happened this year in the real estate market and the general economy. It impacts the portfolio of many Real Estate Investors – The value of our assets, how we want to invest in coming years, and even our retirement planning. It also impacts the
