Illinois, New York and California continued their streak as the nation’s biggest losers of residents and their wealth to other states, according to a Wirepoints analysis of newly-released Internal Revenue Service migration data.
The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% ($2.3 trillion) from a record high of $47.7 trillion in June.
Newsfeed: U.S. Homeowners Have Lost $2.3 Trillion In Value Since June Peak Read More »
The company strived to be No. 1 and once churned out a third of all U.S. mortgages. But it’s cutting ties to outside lenders after years of regulatory struggles.
Newsfeed: Wells Fargo Cuts Back on Mortgage Lending Read More »
Florida’s demand for housing is skyrocketing! Thanks in part to its high job growth and affordability. In fact, The Sunshine State is currently the #1 migration state in the country. So why Florida and why build to rent? Imagine strong monthly profits, taking advantage of the trends in demand, and securing your cash flow with a diversified and stable tenant base. Find out more in this special report …
Why Build to Rent and New Homes Drive Demand for the Sunshine State Read More »
Today, Governor Ron DeSantis announced Florida’s unemployment rate dropped to a historic 2.7 percent in July as the state’s job creation skyrocketed. Florida’s July 2022 unemployment rate is the lowest since February 2020 and this level has only been reached three times since Florida began recording unemployment data in 1976.
When it comes to markets, Florida is SO hot right now … And we’re not talking about the weather. Between population growth, a healthy job market, high rental demand, quality of life, and landlord-friendly policies … There’s a lot for investors to like about the sunshine state right now.
Podcast: Finding Markets with Runway – Spotlight on Florida Build To Rent Read More »
Chinese investors were the most active buyers of US real estate last year among foreigners — spending a record $6.1 billion on homes mainly in Florida and California, according to the National Association of Realtors.
Newsfeed: Chinese spent $6.1B on US real estate last year Read More »
The top 10 markets for annual rent growth have something major in common: they’re all in the Sunshine State. In the year-ending 2nd quarter 2022 …
Newsfeed: Florida Claims All Top 10 Markets for Rent Growth Read More »
On average, the U.S. housing market has seen price appreciation of 4.4% annually since 1991. High demand and low supply have accelerated price growth during the COVID-19 pandemic. In fact, single-family house prices grew by 18.7% from the first quarter of 2021 to the first quarter of 2022—the highest growth seen in at least 31 years.
Newsfeed: Mapped: The Growth in U.S. House Prices by State Read More »
A new analysis of IRS data reveals the mass migration of Americans from blue states to red states and the significant ramifications as a result of the widespread resettlement.