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5 at 5: Your Daily Digest for Real Estate Investing, 07/06/2020

Jul 06, 2020 by Marc Rapport

In Today's News

Move-Ins Decline for Senior Housing Market, But Not as Fast

Loss of life and shutdowns from COVID-19 have roiled the senior housing market, but the decline in facility move-ins has at least slowed down, according to National Real Estate Investor.

Census Figures Show May Construction Spend Up Year Over Year

In another sign of recovery, May construction spending across segments nationally was higher than in May 2019, the U.S. Census Bureau says.

Redfin (NASDAQ: RDFN): Homebuyers of Color Face Lower Approval Rates

The residential real estate firm's analysis of federal data finds Black applicants twice as likely as white to be turned down for a mortgage, with the highest rejection rates in Milwaukee and San Francisco.

Today on Millionacres

What Investors Should Know About CoreLogic (NYSE: CLGX) Takeover Bid

Millionacres' Matt Frankel shares his take on why a hedge fund and investment firm are making an unsolicited offer to buy property analytics leader CoreLogic.

Hawkeye State High Court Rules for Allergic Tenant

The landlord loses after a three-year fight over allowing a tenant with a dog to move in near one with allergies; damages are one month's rent.

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Marc Rapport has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Redfin. The Motley Fool has a disclosure policy.

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