Tag: us economy

U.S. Construction Spending Remains Steady

Realestate
The U.S. government is reporting that total construction spending in September, 2024 was at a seasonally adjusted annual rate of $2,148.8 billion, which...

FHFA Says Home Prices Up 4.2% Year-Over-Year

Realestate
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices were up 0.3% in August, and up 4.2%...

Zumper’s National Rent Report for October ’24

Realestate
Rental information site Zumper recently released their latest monthly National Rent Report for October, 2024.  According to their data, median rent for 1-bedroom...

Happy Veterans Day 2024 – Real Estate Investing Today

Realestate
This Monday, November 11th, is Veterans Day… Here’s a little history about this important day;  In 1918, the armistice ending the First World...

ADP National Employment Report – October 2024

Realestate
According to the ADP National Employment Report for October, 2024, private sector employment increased by 233k jobs and annual pay was up 4.6%...

S&P CoreLogic Case-Shiller Sees 4.2% Annual Gain in August

Realestate
“Home price growth is beginning to show signs of strain, recording the slowest annual gain since mortgage rates peaked in 2023…As students went...

GDP Up 2.8% in Q3 2024

Realestate
According to their “advance” estimate, the U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased at an...

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...

The Electoral College – Real Estate Investing Today

Realestate
We recently posted a compare & contrast chart for the 2024 Presidential Race.  With that in mind, this Tuesday, November 5th is election...
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