United States Real Estate Investor

Key Takeaways Perennial Housing Group launched on November 13, 2026, with the acquisition of 31 affordable housing properties across the Southeast and Midwest, comprising almost 4,000 apartment units in 10 states. 97% of the properties, by count, are supported by long-term project-based Section 8 housing assistance contracts, which tie the federal rental assistance to the property itself. The launch is backed by institutional capital, and the company says its goal is to grow the business to over $1 billion of asset value over the next few years. Chief Executive Officer Gregory B. Jones has closed more than $1 billion of affordable multifamily transactions since 2011, including approximately $700 million of debt financing. A brand-new affordable housing owner started life at scale. Perennial Housing Group announced its launch on November 13, 2026 , together with the acquisition of a portfolio of 31 properties located across the Southeast and Midwest. The portfolio is predominantly suppo...

Key Takeaways Retail sales rose for a 13th straight month in October 2026 to $561.7 billion, up 0.15% from September and 3.57% from a year earlier, according to the CNBC/NRF Retail Monitor released November 11. Furniture and home furnishings was one of only two categories to fall in a year, down 2.62%, while building and garden supplies rose 1.73% to $44.4 billion. Shoppers are spending on the homes they already have and holding off on furnishing homes they just bought, in the same month existing-home sales hit their lowest pace since August 2010. The figures are dollars, not items sold: October's 0.15% monthly spending gain was smaller than the same month's 0.4% rise in consumer prices. American shoppers kept spending in October, but they did not spend like people who had just moved. The National Retail Federation's CNBC/NRF Retail Monitor release for October 2026 , published November 11, put total retail sales at $561.7 billion, a 13th straight monthly gain. That total ex...

Key Takeaways Producer prices rose 0.3% in October 2026, a sharp slowdown from September's 1.4% jump, but the 12-month increase hit 6.5%, the largest since November 2022. Prices for final demand goods are up 10.2% in a year, the largest 12-month rise since October 2022, and materials and components for construction are up 6.2%. The construction ledger is split: steel mill products are up 32.9% in a year and plywood 16.9%, while softwood lumber fell 3.1% in October alone. New building construction prices are up 5.5% in a year, so a rehab or build budget priced last year is already out of date line by line, not just at the total. Wholesale inflation cooled for one month and heated up for the year at the same time. The U.S. Bureau of Labor Statistics Producer Price Index release for October 2026 , published November 13, showed final demand prices up 0.3% in October, seasonally adjusted. That monthly reading slowed sharply from a 1.4% advance in September and a 0.4% rise in August. Eco...

Key Takeaways Hartford-West Hartford-East Hartford, CT, returned to No. 1 in Realtor.com's October 2026 Hottest Markets report, its eighth time at the top and its first since its May through July run. Hartford listings drew 4.1 times the viewers per property of the rest of the country, sold in a median of 37 days, and carried a median list price of $440,000. Connecticut held four of the top 20 markets, with Waterbury, New Haven, and Norwich joining Hartford at median list prices between $400,000 and $460,000. The hottest markets are concentrated in the Northeast and Midwest, even as national existing-home sales just fell to their lowest pace since August 2010. The national housing market just had its slowest month in 16 years, but one New England metro is moving like it is spring again. Realtor.com's October 2026 Hottest Markets report , released November 13, put Hartford-West Hartford-East Hartford, CT, back at No. 1. It is Hartford's first time at the top since a summer r...

Key Takeaways New listings fell 10.3% year over year in the week ending November 7, 2026, the first double-digit drop in this stretch and the sixth straight weekly decline. Active inventory still rose 8.3% year over year, not because new sellers arrived, but because buyer pullback left unsold homes sitting longer. The median listing price fell 1.2% year over year to just below $410,000, its 43rd straight negative week, and homes took a median 65 days to sell, 1 day slower than a year ago. For investors, the deal flow is in aged listings, not new ones: the three-week slide in new listings, from -1.5% to -5.2% to -10.3%, says fresh supply is drying up fast. Sellers are stepping back faster than buyers are. Realtor.com's Weekly Housing Trends update for the week ending November 7, 2026 says new listing activity fell 10.3% from a year ago. That is a sharp acceleration. New listings were down just 1.5% three weeks earlier and 5.2% last week, so the seller pullback doubled, then doubled...

Key Takeaways A household that can comfortably afford the typical single-family rent of $2,243 a month would need a $14,408 annual raise to afford owning a similar home at $2,603 a month with 20% down. Zillow puts the income needed at $89,724 to rent and $104,132 to buy, and the raise needed is now the highest since early 2025, more than double the $6,463 it took in February 2026. Rental demand is up 22.1% year over year, with demand for single-family rentals up 24.3%, roughly double the 12.1% rise for multifamily rentals. Zillow's national break-even timeline is 7.8 years with 20% down, so a renter who expects to move sooner is not falling behind by renting, on Zillow's own math. Renting a house is no longer just a waiting room for buying one. Zillow's latest Rental Market Report, released November 12 , says a household comfortably affording the rent on a typical single-family home would need a $14,408 pay raise to cover the monthly costs of owning one, even before saving ...