Breaking Down $1 of Rent in 2022 - Real Estate Investing Today
Breaking Down $1 of Rent in 2022 - Real Estate Investing Today
Abstract
Today’s infographic from the National Apartment Association rightly calls supposedly large profit margins a ‘misconception’ which is why they chose to explain where $1 of rent really goes. Indeed, stay safe & have and Happy Friday!!
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There is a lot of misinformation out there about landlords and profit margins from their investments. Today’s infographic from the National Apartment Association rightly calls supposedly large profit margins a “misconception” which is why they chose to explain where $1 of rent really goes. Indeed……Stay safe & and have and Happy Friday!! Hat tip to the NAA.
There is a lot of misinformation out there about landlords and profit margins from their investments. Today’s infographic from the National Apartment Association rightly calls supposedly large profit margins a “misconception” which is why they chose to explain where $1 of rent really goes. Indeed……Stay safe & and have and Happy Friday!! Hat tip to the NAA.
The U.S. government is reporting that privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,439,000, which is 8.1% lower than August’s revised number and 7.7% lower than one year ago. September’s rate for units in buildings with five units or more was 530k. Privately‐owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,564,000, which is 1.4% higher than August’s revised number. Authoriz...
The U.S. government is reporting that privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,439,000, which is 8.1% lower than August’s revised number and 7.7% lower than one year ago. September’s rate for units in buildings with five units or more was 530k. Privately‐owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,564,000, which is 1.4% higher than August’s revised number. Authoriz...
The U.S. Government is reporting that sales of new single-family houses in April, 2022 were at a seasonally adjusted annual rate of 591k, which is 16.6% lower than March’s revised rate and is 26.9% lower than one year ago. The median sales price of new houses sold in April was $450,600 with an average sales price of $570,300. There were an estimated 444k new houses for sale at the end of April representing a 9-month supply at the current sales rate.Click here to read the full report at the...
The U.S. Government is reporting that sales of new single-family houses in April, 2022 were at a seasonally adjusted annual rate of 591k, which is 16.6% lower than March’s revised rate and is 26.9% lower than one year ago. The median sales price of new houses sold in April was $450,600 with an average sales price of $570,300. There were an estimated 444k new houses for sale at the end of April representing a 9-month supply at the current sales rate.Click here to read the full report at the...
The National Association of Realtors is reporting that pending home sales were down 3.9% in April, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 99.3, down 3.9% month-pver-month. Pending sales have now dropped for eleven consecutive months. “Pending contracts are telling, as they better reflect the timelier impact from higher mortgage rates than do closings…The latest contract signings mark six consecutive months of decline...
The National Association of Realtors is reporting that pending home sales were down 3.9% in April, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 99.3, down 3.9% month-pver-month. Pending sales have now dropped for eleven consecutive months. “Pending contracts are telling, as they better reflect the timelier impact from higher mortgage rates than do closings…The latest contract signings mark six consecutive months of decline...
Monday, May 30th is Memorial Day. For most Americans the three-day weekend will mark the unofficial start of summer. However, the solemn significance of the day is often forgotten. It is actually a national day of remembrance for America’s military men & women who paid the ultimate sacrifice while defending freedom & liberty around the globe. Today’s infographic reminds us that Memorial Day is about more than just cookouts and 3-day weekends, it’s about a path paved by others to enjo...
Monday, May 30th is Memorial Day. For most Americans the three-day weekend will mark the unofficial start of summer. However, the solemn significance of the day is often forgotten. It is actually a national day of remembrance for America’s military men & women who paid the ultimate sacrifice while defending freedom & liberty around the globe. Today’s infographic reminds us that Memorial Day is about more than just cookouts and 3-day weekends, it’s about a path paved by others to enjo...
The U.S. Government is reporting that sales of new single-family houses in June, 2022 were at a seasonally adjusted annual rate of 590k, which is 8.1% lower than May’s revised rate and is 17.4% lower than one year ago. The median sales price of new houses sold in September was $402,400k with an average sales price of $456,800. There were an estimated 457k new houses for sale at the end of March representing a 9.3-month supply at the current sales rate. Click here to read the full report a...
The U.S. Government is reporting that sales of new single-family houses in June, 2022 were at a seasonally adjusted annual rate of 590k, which is 8.1% lower than May’s revised rate and is 17.4% lower than one year ago. The median sales price of new houses sold in September was $402,400k with an average sales price of $456,800. There were an estimated 457k new houses for sale at the end of March representing a 9.3-month supply at the current sales rate. Click here to read the full report a...
New data is showing that housing’s share of the U.S. GDP edged higher in Q1, 2022, while overall GDP growth declined at a 1.4% annual rate. The NAHB’s Eye on Housing is reporting that housing’s share of GDP increased to 16.7%, coming off of a 14-year high of 17.8% during Q2, 2020. In addition, they [...]
The post Housing’s Share of GDP Starts Off Strong in 2022 appeared first on Real Estate Investing Today.
New data is showing that housing’s share of the U.S. GDP edged higher in Q1, 2022, while overall GDP growth declined at a 1.4% annual rate. The NAHB’s Eye on Housing is reporting that housing’s share of GDP increased to 16.7%, coming off of a 14-year high of 17.8% during Q2, 2020. In addition, they [...]
The post Housing’s Share of GDP Starts Off Strong in 2022 appeared first on Real Estate Investing Today.
Apartment List says rents are growing more slowly than they did in 2021, but faster than the growth they observed in the years immediately preceding the pandemic. For the month of April, their national index was up by 0.9% with Year-over-year rent growth currently up16.3%. However, over the first 4 months of 2022, rents have [...]
The post Apartment List’s National Rent Report May ’22 appeared first on Real Estate Investing Today.
Apartment List says rents are growing more slowly than they did in 2021, but faster than the growth they observed in the years immediately preceding the pandemic. For the month of April, their national index was up by 0.9% with Year-over-year rent growth currently up16.3%. However, over the first 4 months of 2022, rents have [...]
The post Apartment List’s National Rent Report May ’22 appeared first on Real Estate Investing Today.
Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in July, 2022 was $1,450 (up 2% from June) and the median two-bedroom rent was $1,750 (up 2% from June). Be sure to check out their list of the top 100 metro areas. “Rent prices will keep climbing across much of the country, but the stratospheric price hikes we saw throughout much of the pandemic will likely slow as consumers continue to...
Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in July, 2022 was $1,450 (up 2% from June) and the median two-bedroom rent was $1,750 (up 2% from June). Be sure to check out their list of the top 100 metro areas. “Rent prices will keep climbing across much of the country, but the stratospheric price hikes we saw throughout much of the pandemic will likely slow as consumers continue to...
The U.S. government is reporting that total construction spending in May, 2022 was at a seasonally adjusted annual rate of $1,779.8 billion, which is 0.1% lower than April’s revised estimate and 9.7% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $938.2 billion in May, which is 0.2% higher April’s revised estimate. Click here to read the full report at the U.S. Census Bureau.
The U.S. government is reporting that total construction spending in May, 2022 was at a seasonally adjusted annual rate of $1,779.8 billion, which is 0.1% lower than April’s revised estimate and 9.7% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $938.2 billion in May, which is 0.2% higher April’s revised estimate. Click here to read the full report at the U.S. Census Bureau.