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Black-owned banks are booming, and they’re pouring money back into their communities
Source: CNN --- An estimated $150 million in equity capital has been invested in Black-owned banks since George Floyd was murdered last year, according to the National Bankers Association, a trade group that represents 24 of the country's minority-owned financial...
Consumer Prices Rising at Fastest Pace in a Decade
Source: Eye On Housing --- Consumer prices continued to rise in May, supported by increases in housing costs. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.6% in May on a seasonally adjusted basis, following an increase of...
EPA Seeks to Revise Definition of Waters of the U.S.
Source: NAHB --- The U.S. Environmental Protection Agency (EPA) and Department of the Army (the agencies) have announced their intent to revise the definition of “waters of the United States” (WOTUS). EPA Administrator Michael Regan says that the Navigable Waters...
A New Way of Looking at Vacation Rentals
Source: NYTimes --- After more than a year of staring at the walls, Americans are booking vacations again. To help them pack, home-improvement television is offering a summer lineup of shows about where to go and where to stay. TV, it seems, wants to get out of the...
FAA eases rules on drone use, creating more opportunities for real estate marketing
Source: Realty Biz News--- Some tech-savvy real estate agents have already been using drones to create aerial videos and photos that enhance their listings. Now, their use could be expanded by new Federal Aviation Administration rules, the National Association of...
4 Emerging Real Estate Trends
Source: Realtor --- The COVID-19 pandemic has caused a mass disruption to the way people live and work and prompted sweeping economic fallout felt throughout the world. Global leaders are still coming to grips with the long-term impact to the real estate industry....
