Boston REIA News You Need To Know

Published: Thu, 05/20/21

 

BOSTON REIA & NATIONAL REIA QUARTERLY UPDATE

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Inside:

1.  Legislative Updates
2. A Year of Change and Growth
3. Benefits Update
4. More Home Depot Discounts. 

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SELF - DIRECTED IRA MASTERY CLASS

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In Other News: 

Kidde Recalling TruSense Smoke and Combination Smoke/Carbon Monoxide Alarms

The United State Consumer Product Safety Commission says Kidde is recalling TruSense Smoke and Combination Smoke/Carbon Monoxide Alarms due to risk of failure to alert consumers to a fire. The recall involves Kidde TruSense Smoke Alarms and Combination Smoke/Carbon Monoxide Alarms. Click here to read more.

 

 

NMHC Says 80% of Apartment Households Paid Rent by May 6th, 2021

The National Multifamily Housing Council (NMHC) says that 80% of apartment households made a full or partial rent payment by May 6th, 2021. Click here to read more.

 

 

Yardi Says Multifamily Market Continues to Show Strength

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in April increased $10 to $1,417 - the largest increase that they have seen since the beginning of the pandemic. Click here to read more.

 

Best Cities for First-Time Home Buyers

 

What are the best cities for first-time home buyers? Realtor.com says homes across the country are selling within days (with multiple offers) pricing out buyers of all ages—especially millennials. Click here to read more.

 

 

Demand for Land Sees Increases During the Pandemic

According to a recent report from the National Association of Realtors, land sales rose at a healthy pace in 2020 with strong demand for residential land being followed by strong homebuying activity. Click here to read more.

 

 

How Remote Work May Impact Housing Location Preferences

A new report from Apartment List says remote workers moved more than on-site workers over the past year, but most moves were local. In addition, they found that “more space” was the top motivator for pandemic moves, regardless of remote work status.  Click here to read more.

 

 

Newly Built Homes Make Up 26% of All Single-Family Homes for Sale

Redfin says new construction is taking up a bigger piece of the pie as low mortgage rates and surging homebuyer demand made homebuilding more attractive during the coronavirus pandemic. Click here to read more.