Posts Tagged ‘REITs’

Poor Jobs Report But Strong Housing

The US Labor Dept Jobs report of 38,000 new jobs in May was a set back to the Fed’s expected rate increase and a departure from the job creation pace four times higher than reported. GDP growth for Q1 has been downwardly revised by Freddie Mac to 1.1% from 1.8% a major slowdown. In their…

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Rents Rising for Investors

Trulia reports that rents from June to June 2016 have fallen slightly in a pull back from the steady rising rents of the past six years in the top 25 metro markets. Affordable rental listings are in the steep decline so rentals below $1200 are in such sketchy areas to be a “no fly zone”…

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