Source: Military Times — Service members and their families across the country are feeling the sting of the hot housing market as they move to new duty stations. Many are paying out of pocket for longer stays in temporary lodging, waiting longer for on-base...
Source: The World Property Journal — CoreLogic’s latest U.S. Single-Family Rent Index (SFRI) shows a national rent increase of 5.3% year over year in April 2021, up from a 2.4% year-over-year increase in April 2020. While rent growth dipped significantly...
Source: The World Property Journal — National property broker Redfin is reporting that in May 2021 over 70% of home offers written by Redfin agents faced competition, down from a revised rate of 73.6% in April 2021. That’s still up significantly from...
Source: MPA — Existing-home sales, weighed down by rising prices and low inventory, fell for the fourth consecutive month in May. According to the National Association of Realtors, total existing-home sales were down 0.9% to an annual pace of 5.80 million – the...
Source: Chicago Tribune — From sawmills to store shelves to your own hammer swings, lumber can tell you a lot about what is going on in the economy right now. Lumber prices soared over the last year, frustrating would-be pandemic do-it-yourselfers, jacking up...
Source: Tech Crunch — Side, a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, has raised “$50 million-plus” in a funding round that more than doubles its valuation to $2.5 billion. The...
Minneapolis Mayor Frey Proposes 11.3% Property Tax Hike
