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Existing Home Sales Down 1.5% from 2017

According to data recently released by the National Association of Realtors, existing home sales remained steady in August after four months of decline.  However, they also report that sales are down 1.5% from one year ago.  There were 1.92 million existing homes available for sale at the end...
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Total U.S. Construction Spending Up 5.8% from 2017

The U.S. government is reporting that total construction spending in July was estimated at $ 1,315.4 billion, which is 0.1% higher than June’s revised estimate and 5.8% higher than July, 2017.  Residential construction was at a seasonally adjusted annual rate of $ 560.1 billion in July, 0.6% higher...
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Best Markets for SFR’s in 2017

Data powerhouse ATTOM Data Solutions (parent company of RealtyTrac) recently released their Q1 2017 Single Family Rental Market report, which ranks the best U.S. markets for buying single family rental (SFR) properties in 2017.  The average annual gross rental yield (annualized gross rent income divided by median purchase...
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Five Real Estate Trends That Will Shape 2017?

The folks over at Realtor.com recently came up with a list of five trends that they believe will shape the world of real estate in 2017.  As in years past, their economic team analyzed economic indicators and market data to come up with their predictions for the coming...
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