According to Hannah Jones of Realtor.com, the median new home sale price hit $493,000 in October, a year-over-year jump of 15.3%. Further, new home sales rose 7.5% month over month…
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Newsletter:
50% of homeowners have no plans to sell in next 20 years
Following years of lockdowns, supply chain stress, and high labor and material costs, homebuilders are finally getting some reprieve. According to David Logan of the National Association of Home Builders…
Inflation is finally coming down
According to the U.S. Bureau of Labor and Statistics (BLS), the Consumer Price Index (CPI) jumped 0.4% in October and 7.7% year over year. This is a deceleration from 8.2%…
Positive employment news Q4 2023
As expected, the Federal Reserve last week raised its benchmark rate by another 0.75%, to a range of 3.75% to 4%, the highest level in 15 years. According to Realtor.com,…
How the 2022 midterms will affect real estate
Single-family rentals (SFRs) were back in the spotlight last week with several news stories highlighting strong fundamentals for this asset class. Natalie Dolce of Globe St. begins by citing a…
Limited housing supply is boosting the market despite economic turmoil
A lawsuit was recently filed by renters alleging that rent pricing software YieldStar’s (owned by RealPage) “coordinated algorithmic pricing has caused anticompetitive effects in the form of higher prices and…
An upcoming golden age for remodeling
New data from the Consumer Price Index released last week shows that inflation remains stubbornly high at 8.2%. According to Jeanna Smialek of The New York Times, despite this being…
Florida real estate and the climate risk
Fears of a recession have kept many would-be renters on the sidelines, according to a new report from RealPage. Despite record demand in 2021 and ever-increasing rents, apartment demand has…
The rise of always renters?
Joe Weisenthal of Bloomberg opens up for us this week outlining the decline in housing affordability due to rising interest rates, which is leading to more demand for rental housing.…








