a local chapter of

northwest real estate investors association

National REIA News Highlights

06/06/2024 2:03 PM | Anonymous

Existing Home Sales Drop 1.9% in April

The National Association of Realtors is reporting that existing home sales were down 1.9% in march to a seasonally-adjusted annual rate of 4.14 million – down 1.9% year over year.  Click here to read more.

New Single-Family Home Sales Down 4.7% in April

The U.S. Government is reporting that sales of new single-family houses in April, 2024 were at a seasonally adjusted annual rate of 634k, which is 4.7% lower than March’s revised rate and is 7.7% lower than one year ago.  Click here to read more.

Local Market Monitor’s National Economic Outlook for May ’24

Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy.  Click here to read more.

Top 10 Most Expensive Zip Codes 2024

Realtor.com crunched the data to compile the 10 most expensive Zip Codes in the nation for home buyers, along with the single priciest listing in each one.  Click here to read more.

Investor Home Purchases Up for First Time in Nearly Two Years 

A recent report from Redfin says real estate investors bought roughly 44k U.S. homes in Q1 2024, up 0.5% from one year ago – the first increase since Q2 2022.  Click here to read more.

Top 10 Counties with Greatest Number of Foreclosure Starts

According to ATTOM’s April 2024 U.S. Foreclosure Market Report, there were a total of 31,649 U.S. properties with foreclosure filings.  This figure 4% lower than March and a 4% lower than one year ago.  Click here to read more.

Survey 44% Said They’d Buy their Childhood Home – if they could!

A recent report from Zillow says 44% of Americans would buy their childhood home if cost were not an issue, however, only about half said they could afford it.  Click here to read more.

States Losing & Gaining Population 

We’ve seen a lot of data about people migrating around country to better economic climes.  Today’s infographic illustrates the states that losing & gaining population.  Click here to read more.

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