Tag: news

U.S. Homeownership & Rental Vacancy Rates for Q3 2024

Realestate
The U.S. government is reporting that the national vacancy rates for Q3, 2024 were 6.9% for rental housing and 1% for homeowner housing. ...

Commercial Foreclosures Spike in September with Significant Year-Over-Year Increase

Realestate
According ATTOM Data, commercial foreclosures increased 15% from September and 48% from one year ago. The report says commercial foreclosures remain elevated and...

Unemployment Rate Remains Above 4% in October

Realestate
According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 12k in October, 2024 with the...

Pending Home Sales Up 7.4% in September

Realestate
The National Association of Realtors is reporting that pending home sales rose 7.4% in in September, 2024.  The NAR’s Pending Home Sales Index...

Florida Couple Allegedly Swiped Homes Using Scam Costing Less Than $1

Realestate
The NY post is reporting that a Florida couple has been arrested and charged with stealing properties from homeowners using an amazingly easy...

FinCEN Renews its Real Estate Geographic Targeting Orders

Realestate
The American Land Title Association (ALTA) is reporting that the Financial Crimes Enforcement Network (FinCEN) in mid-October renewed its Geographic Targeting Orders (GTO)...

New Home Sales Up 4.1% in September

Realestate
The U.S. Government is reporting that sales of new single-family houses in September, 2024 were at a seasonally adjusted annual rate of 738k,...

Existing Home Sales Down 1% in August

Realestate
The National Association of Realtors is reporting that existing home sales were down 1% in September to a seasonally-adjusted annual rate of 3.84...

Housing Starts & Building Permits Down in September

Realestate
The U.S. government is reporting that privately‐owned housing starts in September, 2024 were at a seasonally adjusted annual rate of 1,354,000, which is...

Unemployment Rate Remains Above 4% in September

Realestate
According to the U.S. Department of Labor’s Bureau of Labor Statistics, total nonfarm payroll employment increased by 254k in September, 2024 with the...

U.S. Construction Spending Down Slightly Again in August

Realestate
The U.S. government is reporting that total construction spending in August, 2024 was at a seasonally adjusted annual rate of $2,131.9 billion, which...

FHFA Says Home Price Up 4.5% from Last Year

Realestate
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices were up 0.1% in July, and up 4.5%...
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