Airbnb says that in 2024, they marked a major milestone with their 2 billionth guest. That’s not all; Data in their recent report show that in 2024, travel via Airbnb generated more than $90 billion in economic activity across the United States – a record number. In addition, their travel generated more than $25 billion in total tax revenue across the country including $2.4 billion in tourism-related taxes collected and remitted by Airbnb on behalf of hosts. Indeed, see the interactive map below. Click here to read the full report at Airbnb.
Author: Brad Beckett
Brad Beckett
Director of Education & Outreach, National Real Estate Investors Association
On a recent episode of the AZREIA Show, Marcus Maloney & Michael Del Prete talk longtime AZREIA member Allan Woodruff. Allan shares decades of experience in real estate investing, offering wisdom on how to align personal purpose with professional success. In addition, Allan shares his life reflections, gratitude, and the essence of being present in all endeavors. Click here to listen.
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices U.S. house prices rose 4% between the Q1 2024 and the first quarter of 2025. In the first quarter, house prices were up 0.7% compared to Q4 2024. In addition, they say the U.S. housing market has experienced positive annual appreciation each quarter since the start of 2012. The FHFA HPI is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back…
A recent report from Realtor.com says the build-to-rent sector of the U.S. housing market is booming. Citing data from Yardi & Point2Homes, they say developers are churning out single-family rentals for those who either cannot afford to buy a home or are seeking a maintenance-free lifestyle. Build-to-rent housing works similarly to apartment buildings under property management companies, but offers a single-family living experience in a community setting. Rentals range anywhere from $1,500 to $3,500 per month, depending on the type of property, its size, amenities, and location. Click here to read the full story at Realtor.com.
The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.4% annual increase for March, 2025. Their 10-City Composite increased 4.8% and their 20-City Composite increased 4.1%, year-over-year. “Home price growth continued to decelerate on an annual basis in March, even as the market experienced its strongest monthly gains so far in 2025…This divergence between slowing year-over-year appreciation and renewed spring momentum highlighted how the housing market shifted from mere resilience to a broader seasonal recovery. Limited supply and steady demand drove prices higher across most metropolitan areas, despite affordability challenges remaining firmly in place.” Said Nicholas…
The National Association of Realtors is reporting that pending home sales dropped 6.4% in in April, 2025. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) came in at 71.3 in April. The NAR says mortgage rates are negating the increase in market supply. “At this critical stage of the housing market, it is all about mortgage rates…Despite an increase in housing inventory, we are not seeing higher home sales. Lower mortgage rates are essential to bring home buyers back into the housing market.” Said the NAR’s Chief Economist Lawrence Yun. Click here to read the…
Today’s graphic from Pro Tool Reviews lays bare the answer about which companies own which tool brands. They say that if you’ve ever wondered who owns Craftsman Tools, Milwaukee Tool, Mac Tools, Skil, or any other major tool manufacturing brand, this interesting chart might answer most of your questions. Indeed… Stay safe and have a Happy Friday!! Hat tip to Pro Tool Reviews.
RentCafe says that with spring in full bloom and summer getting closer, it’ll soon be time for the busiest moving season, when renters are searching for apartments. With that in mind, their new quarterly Rental Engagement Tracker for Q1 2025 has identified the top 10 rental cities for the quarter. Rentcafe says their new REnT (Rent Engagement Tracker) series format will offer an even clearer, long-term view of renter trends and shifting preferences across the top 150 U.S. cities. “Washington, D.C., attracted the most interest from renters in the first quarter of 2025 by showcasing strong online activity across all…
According to the latest Cotality (formerly CoreLogic) Single-Family Rent Index (SFRI), U.S. single-family home rental prices increased 2.9% year over year in March, 2025. “Single-family rent growth picked up for the third consecutive month in March, appearing to have bottomed out in December of last year…National trends are firming. Markets with large numbers of new rental units coming online showed softness in single-family rents, as these new units give renters some bargaining power. This can be seen in the single-family rent growth in Dallas, which showed an annual decrease of 0.5% in March” Said Cotality senior principal economist Molly Boesel.…
The headline says it all; National REIA’s Charles Tassell is heading to the U.S. Department of Agriculture. The USDA announced this week their latest slate of presidential appointments for key positions at the U.S. Department of Agriculture (USDA) including the Food and Nutrition Service (FNS), Farm Service Agency (FSA) and Rural Development (RD). Charles will serve as the State Director for Rural Development in his home state of Ohio. Click here to wish him well. “President Trump is putting Farmers First, and so is the incredible team we are building at the Department of Agriculture. Our latest additions to the…
