If passed, you may get up to $25,000 to buy a new home First-time home buyers may be eligible to receive a $25,000 grant to purchase a new home through the Downpayment Toward Equity Act. The Act, also known as the $25,000 First-Time Buyer Home Grant, stems from the Biden-era first-time home buyer initiative to help Americans enter the housing market. Find your lowest interest rate. Start here This cash grant program was introduced in 2021, and has not yet passed. In this article, we’ll cover a simple overview of the program, including information on first-time home buyer eligibility, the proposed process for claiming the grant, and when the program is expected to be available. In this article (Skip to…) What is the Downpayment Towards Equity Act? The Downpayment Toward Equity Act is an innovative legislative proposal aimed at helping first-time, first-generation homebuyers achieve their dreams of homeownership. It proposes …

Airbnb says that in 2024, they marked a major milestone with their 2 billionth guest.   That’s not all;  Data in their recent report show that in 2024, travel via Airbnb generated more than $90 billion in economic activity across the United States – a record number.  In addition, their travel generated more than $25 billion in total tax revenue across the country including $2.4 billion in tourism-related taxes collected and remitted by Airbnb on behalf of hosts.  Indeed, see the interactive map below. Airbnb’s economic impact in each state. Click on the map to make it interactive. Click here to read the full report at Airbnb.   The post Airbnb Boosts US Economy by Record $90 billion in 2024 appeared first on Real Estate Investing Today.

The median U.S. asking rent dropped 1% year over year to $1,633 in May as elevated apartment supply gave renters room to negotiate. Asking rents fell fastest in Austin, down 9% to the lowest level since 2021. Rents hit a record high in four metros: Chicago, Cincinnati, Memphis and Washington, D.C. The median U.S. asking rent fell 1% year over year in May to $1,633, which is $72 below the August 2022 record high. On a month-over-month basis, the median U.S. asking rent rose 0.5% in May—typical for this time of year. Overall, 28 of the 44 major U.S. core-based statistical areas (CBSAs) Redfin analyzed saw asking rents decline last month—the highest number since September 2023. “Apartment construction in America has been hovering near a 50-year high, and even though renter demand is strong, it’s not keeping pace with supply,” said Redfin Senior Economist Sheharyar Bokhari. “Many units are sitting …

On a recent episode of the AZREIA Show, Marcus Maloney & Michael Del Prete talk longtime AZREIA member Allan Woodruff.  Allan shares decades of experience in real estate investing, offering wisdom on how to align personal purpose with professional success.  In addition, Allan shares his life reflections, gratitude, and the essence of being present in all endeavors. Click here to listen.   The post Building Wealth with Heart appeared first on Real Estate Investing Today.

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices U.S. house prices rose 4% between the Q1 2024 and the first quarter of 2025. In the first quarter, house prices were up 0.7% compared to Q4 2024.  In addition, they say the U.S. housing market has experienced positive annual appreciation each quarter since the start of 2012.  The FHFA HPI is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s. Click here to read the full report at the FHFA.     The post FHFA Says Home Prices Up 4% Year-Over-Year appeared first on Real Estate Investing Today.

Many would-be homebuyers are wondering: Should I wait for mortgage rates to drop, or buy now? It’s a question that has sparked countless dinner table and water cooler conversations, and across online forums. With rates hovering near 7% and home prices still climbing, the decision feels more complicated than ever. But while waiting for the “perfect” time can be tempting, the real cost of delaying your home purchase might surprise you. In this article, we’ll break down the numbers with real-life examples to show how waiting to buy could actually end up costing you more in the long run. Key Takeaways: Waiting to buy could cost more overall, even if mortgage rates drop slightly. Home prices are still rising, which can add $15K–$25K to the cost of the same house in a year. Delaying your purchase could mean missing out on equity, which helps build long-term wealth. Higher home prices …

A recent report from Realtor.com says the build-to-rent sector of the U.S. housing market is booming.  Citing data from Yardi & Point2Homes, they say developers are churning out single-family rentals for those who either cannot afford to buy a home or are seeking a maintenance-free lifestyle. Build-to-rent housing works similarly to apartment buildings under property management companies, but offers a single-family living experience in a community setting. Rentals range anywhere from $1,500 to $3,500 per month, depending on the type of property, its size, amenities, and location.   Click here to read the full story at Realtor.com.   The post Top 5 Built to Rent Metros appeared first on Real Estate Investing Today.

ATTOM recognized for championing employee well-being through flexible, people-first workplace culture IRVINE, Calif. – June 2, 2025 – ATTOM, a leading curator of land, property data, and real estate analytics, is proud to announce it has been named a Gold Award winner in the 2025 Merit Awards for Human Resources, honoring its commitment to work-life balance and employee well-being. The recognition celebrates ATTOM’s innovative approach to creating a flexible, inclusive, and wellness-focused remote work culture. The Merit Awards recognize the efforts of global industries and the markets they serve, honoring the individuals, teams, and organizations working to positively impact their sectors and communities.  The Merit Awards for human resources were judged based on submissions that addressed leadership, innovation, positive work environment and more. ATTOM was recognized for its strategic work-life harmony initiative, which integrates flexibility, wellness, and team connectivity into everyday operations. From a fully remote model and wellness incentives to virtual …

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.4% annual increase for March, 2025.  Their 10-City Composite increased 4.8% and their 20-City Composite increased 4.1%, year-over-year. “Home price growth continued to decelerate on an annual basis in March, even as the market experienced its strongest monthly gains so far in 2025…This divergence between slowing year-over-year appreciation and renewed spring momentum highlighted how the housing market shifted from mere resilience to a broader seasonal recovery. Limited supply and steady demand drove prices higher across most metropolitan areas, despite affordability challenges remaining firmly in place.”   Said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices. Click here to read the full report at S&P Dow Jones Indices.   The post S&P CoreLogic Case-Shiller Sees 3.4% Annual Gain in March appeared first on Real Estate Investing Today.

More than $330 billion worth of listings have been sitting on the market for 60 days or longer. Rising inventory and slow homebuying demand is pushing up the total dollar amount of home listings, and will push down home-sale prices by the end of the year.  There’s a total of $698 billion worth of homes for sale in the U.S., up 20.3% from a year ago and the highest dollar amount ever.  This is based on an analysis of listings on Redfin.com going back through 2012. For the total dollar value of all inventory on the market, we sum up the list price of all active U.S. listings as of the last day of each month; April 2025 is the most recent month for which data is available. For the purposes of this report, the term “value” is interchangeable with “list price”; i.e., when we refer to “total home value,” …