Market Trends

May 28, 2026

High-Income Professionals Are Choosing Luxury Rentals Over Homeownership

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recent article on Realtor.com says a new luxury rental development in Miami Beach is attracting wealthy renters who prefer flexibility over homeownership. Many affluent newcomers are from high-tax states New York and California and are renting to preserve liquidity, avoid high HOA fees and insurance costs, and test Miami before buying. Developers say demand reflects shifting priorities toward mobility, tax advantages, and hassle-free luxury living.  Indeed…

As reported by Brad Beckett, Director of Education & Outreach at National Real Estate Investors Association

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Market Trends

May 26, 2026

Housing Starts Down 2.8% in April

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The U.S. government is reporting that privately‐owned housing starts in April, 2026 were at a seasonally adjusted annual rate of 1,465,000, which is 2.8% lower than March’s revised number and is 4.6% higher than one year ago.  April’s rate for buildings with five units or more was 529k.  Privately‐owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,442,000, which is 5.8% higher than March’s revised number and is 0.2% lower than one year ago.  Authorizations of units in buildings with five units or more were at a rate of 514k in April.

As reported by Brad Beckett, Director of Education & Outreach at National Real Estate Investors Association

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Market Trends

May 26, 2026

ATTOM Says Foreclosure Activity Up 18% Year-Over-Year

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According to ATTOM Data’s April 2026 U.S. Foreclosure Market Report, there were 42,430 residential properties with foreclosure filings (default notices, scheduled auctions or bank repossessions) down 8% from March and up 18% from a year ago.  ATTOM says, nationwide, one in every 3,388 housing units had a foreclosure filing in April.  States with the worst foreclosure rates were Delaware (one in every 1,739 housing units with a foreclosure filing), South Carolina followed closely behind (one in every 1,745), followed by Florida (one in every 2,092), Indiana (one in every 2,129), and Illinois (one in every 2,262).  In addition, they point out that Florida, Texas, and California led nation in foreclosure starts.

As reported by Brad Beckett, Director of Education & Outreach at National Real Estate Investors Association

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Market Trends

May 21, 2026

Yardi Says Multifamily Rents Turn Negative Year-Over-Year

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According to the latest Yardi Matrix Multifamily Report, multifamily rents remained flat in April, 2026 with the average U.S. advertised coming in at $1,758 and year-over-year rent growth turned negative coming in at -0.2%.  They say regardless of broader economic conditions, the elevated volume of new supply working through lease-up remains the primary constraint on rent growth.

As reported by Brad Beckett, Director of Education & Outreach at National Real Estate Investors Association

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Market Trends

May 20, 2026

Population Growth Slowed in Majority of the U.S. Counties

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A recently released data from the U.S. Census Bureau says America’s population growth slowed widely between 2024 and 2025, with most counties and metro areas experiencing reduced or reversing growth. Declines were driven largely by reduced international migration. Many populous counties, already losing domestic residents, saw slower gains or population losses despite natural increases from births exceeding deaths.

As reported by Brad Beckett, Director of Education & Outreach at National Real Estate Investors Association

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Market Trends

May 18, 2026

Inflation Steady at 3.8%

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The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6% on a seasonally adjusted basis in April.  Over the last 12 months, the all items index increased 3.8% before seasonal adjustment. The index for energy rose 3.8% in April (accounting for over forty percent of the monthly all items increase) and the shelter index increased 0.6%.

As reported by Brad Beckett, Director of Education & Outreach at National Real Estate Investors Association

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