Your weekly news & updates Here is this week’s “Weekly Roundup” from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website U.S. Construction Spending Drops Slightly in February The U.S. government is reporting that total construction spending in February, 2024 was at a seasonally adjusted annual rate of $2,091.5 billion, which is 0.3% lower than January’s number. Click here to read more ..read more

By Brad Beckett We try to stay on top of inflation news as it happens.  Today’s graphic from Statista reminds us that inflation edged up slightly in February, with rising housing costs putting upward pressure on the Consumer Price Index.  Interestingly, due to its weight in the CPI, the cost of shelter continues to be a major driver of inflation – with the index for shelter climbing for the 46th consecutive month. Indeed….Stay safe and have a Happy Friday ..read more

By Jeffery S. Watson Dear Anna, I have some good news from Capitol Hill. A few weeks ago, I attended a multi-day event for an influential member of Congress.  Unfortunately, I can’t tell you his name because he is a Democrat who, get this, has agreed to oppose Biden’s Renters Bill of Rights. Yes, folks. You read that right. Being at this fundraiser afforded me the opportunity to have multiple conversations with this member of Congress and their Chief of Staff.  Not only have they agreed to go up against the Renters Bill of Rights, but they will also specifically oppose ..read more

Your weekly news & updates Here is this week’s “Weekly Roundup” from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Florida Governor Signs New Law Squashing Squatters’ Rights n late March, Florida Governor Ron DeSantis signed legislation that makes it easier to remove squatters – which, as we have seen, is a growing problem across the nation. Click here to read more ..read more

By Brad Beckett This Sunday, March 31st is Easter. Each year the holiday falls on the first Sunday following the full moon after the vernal equinox. Interestingly, the date fluctuates each year between March 22nd and April 25th. Today’s infographic from the dataviz blog takes a look at “Easter by the Numbers” all the way from the resurrection of Jesus Christ to the number of chocolate Easter bunnies consumed annually. Stay safe and have a Happy Easter and a Happy Friday!!! So what exactly is Easter?  The History Channel says: “Easter is a Christian holiday that celebrates the belief in t ..read more

Your weekly news & updates Here is this week’s “Weekly Roundup” from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Existing Home Sales See Largest Monthly Increase in a Year The National Association of Realtors is reporting that existing home sales were up 9.5% in February to a seasonally-adjusted annual rate of 4.38 million – the largest monthly increase since February 2023. Click here to read more ..read more

Your weekly news & updates Here is this week’s “Weekly Roundup” from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Realtors Settle Commission Lawsuit for $418 Million Various news outlets are reporting that the National Association of Realtors announced that a settlement has been reached ending litigation claims brought on behalf of home sellers related to broker commissions. Under the terms of the ..read more

By Brad Beckett The Visual Capitalist says housing costs vary across U.S. states, as well as the income required to buy a house, and the down payment associated with the purchase.  Today’s graphic (using data from Bankrate.com) illustrates the average down payment for buying a house, by U.S. state.  As always, stay safe and have a Happy Friday ..read more

By Jeffery S. Watson Dear Anna, I’m writing this email after just attending a lunch meeting for a REIA in Sarasota, Florida. I was privileged to sit in a room with three legends in the residential real estate investing space – Pete Fortunato, David Tilney, and John Schaub. Each of these men has educated thousands of individuals on smart, savvy, safe, and effective ways to be residential real estate investors. These three men were not the only established real estate investors in the room, but their presence made an important point. Just this morning, a young investor that I am mentoring and wo ..read more

Your weekly news & updates Here is this week’s “Weekly Roundup” from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Existing-Home Sales Up 3.1% in January The National Association of Realtors is reporting that existing home sales were up 3.1% in January to a seasonally-adjusted annual rate of 4 million (down 1.7% year over year). Click here to read more. Ne ..read more