What are the 50 best and worst places to retire? Obviously any answers would have an element of subjectivity, however a Dental Company from Florida (where else?) recently crunched the numbers using reliable data sources (Census, wallethub, etc) to come up with an interesting list based on eight metrics. Of course Florida does seem to occupy half of the top 10. If you visit their site, they do have a total of 381 cities on their complete list……….Happy investing and Happy Friday!!! Hat tip to Advanced Dental Care.
Author: Brad Beckett
Brad Beckett
Director of Education & Outreach, National Real Estate Investors Association
Kathy Fettke’s podcast starts off the new year with a run-down of 2019’s significant stories affecting real estate investors. She says reviewing these important stories will help investors focus on where they are coming from and give them a better understanding of what’s next. Last Fall she said the theme of 2020 will most likely be a “Slowing but Growing Economy. This is part 1 of a two-part report. Click here to read the transcript at Realwealthnetwork.com.
Housing markets in the U.S. South will perform the best in 2020, this according to a panel of economists and real estate experts recently surveyed by Zillow. In addition, the assembled experts predicted home values will grow by 2.8% in 2020. Zillow says this markets at the top of the list offer affordability and amenity-rich communities that appeal to younger adults. Indeed… “Having subjected buyers to a crucible of fierce competition for multiple years, many West Coast markets hit an affordability ceiling that set off declining home values in the most expensive of these,” said Skylar Olsen, Zillow’s director of…
Along with 2020’s decennial U.S. Census comes reallocation of seats in the U.S. House of Representatives. The constitution specifies that all 435 seats in the U.S. House are reallocated among the states every 10 years based on the results of a census. The Plain Dealer (Cleveland, Ohio) recently ran a story about current population projections and estimates of which states would be gaining/losing representation. While it is somewhat Ohio-centric, they do post a chart featuring all 50 states with their projected individual gains & losses. Indeed… Click here to read the full story at Cleveland.com.
Rental information site Zumper recently released their National Rent Report for January, 2020 showing that the median national rent for 1-bedroom apartment was $1,217 (down 0.4%) and the median two-bedroom rent was $1,460 (down 0.3%). Year to date, one bedroom prices are down 0.3% and two bedroom prices are up 0.6%. Zumper analyzes rental data from over 1 million active listings across the United States. Data is aggregated on a monthly basis to calculate median asking rents for the top 100 metro areas by population, providing a comprehensive view of the current state of the market. The report is based…
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose .2% in October as well as being up 5% from October 2018. The FHFA produces the nation’s only public, freely available house price indexes (HPIs) that measure changes in single-family house prices based on data that cover all 50 states and over 400 American cities and extend back to the mid-1970s. The FHFA’s HPIs are built on tens of millions of home sales and offer insights about home price fluctuations at the levels of the nation, census division, state, metro area, county, ZIP…
The U.S. government is reporting that total construction spending in November was at a seasonally adjusted annual rate of $1,324.1 billion, which was 0.6% higher than October’s revised estimate. However, November’s figure is 4.1% higher than November, 2018. Residential construction was at a seasonally adjusted annual rate of $536.1 billion in November, up 1.9% from October’s revised rate. Click here to read the full release at the U.S. Census Bureau.
How did the rental market fair in 2019? ABODO’s recently released 2019 Annual Rent Report breaks the market down and shows where prices increased, decreased and what trends emerged. They also drill down into the most and least expensive markets and what to expect in 2020. Be sure to look at their entire dataset. Click here to read the full report at ABODO.com.
Foreclosure rates hit a 14-year low in November, according to Black Knight’s latest “first look” report. In fact, November’s 33,500 foreclosure starts marked a 26% year-over-year decline, and was the lowest monthly volume since they began tracking in 2000. While delinquencies rose in November, they remained nearly 5% below one year ago. Black Knight derives its data from their loan-level database representing the majority of the national mortgage market. Click here to read the full report at Black Knight.
Welcome to 2020….time to shake that midweek-new-year’s grogginess. And, what better way than with a fresh cup of coffee. So, what is it about coffee that perks us up and gives us that much needed boost of energy? Today’s infographic from CoffeeCorner tells us 30 interesting facts about coffee, or rather its main ingredient, caffeine. Happy Friday!!! Hat tip to coffeecorner.com.
