5 at 5: Your Daily Digest for Real Estate Investing, 4/16/21

Marc Rapport, The Motley Fool
·3 min read

March housing starts go out like a lion, NYC apartment conversion plans, minority-owned SMBs feeling the pain, don’t be clueless on Clubhouse, the CFPB not likely to replace credit bureaus. After a rough February, housing production rebounded in March to its fastest pace for single-family and multifamily construction combined since June 2006, according to the monthly report released Friday by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. The Millionacres takeaway: The National Association of Home Builders said those numbers would have been even higher except for the rising costs of building materials.