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Jobs Report Whiplash, Rent Payment Delays and Millennials Dating Debt
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses what the job market says about rate hikes, where renters...
Metro East REIA
Oct 30, 20221 min read
Inflation Hits 8.2% in September
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.4% in September,...
Metro East REIA
Oct 30, 20221 min read
CoreLogic’s HPI Says Home Prices Up 13.5% in August
According to the latest CoreLogic Home Price Insights (HPI) report, home prices nationwide, including distressed sales, increased year...
Metro East REIA
Oct 30, 20221 min read
The Uneven Geography of Remote Work
A recent report from the Economic Innovation Group says it goes without saying that remote work has increased dramatically since before...
Metro East REIA
Oct 30, 20221 min read
U.S. Construction Spending Up 8.5% Year-Over-Year
The U.S. government is reporting that total construction spending in August, 2022 was at a seasonally adjusted annual rate of $1,781.3...
Metro East REIA
Oct 30, 20221 min read
Theft-Proof Rehabbing
One of the most common things I run across no matter where in the country our properties may be, is theft or vandalism. I don’t know any...
Metro East REIA
Oct 30, 20221 min read
Housing Starts Boomerang in August – Up 12.2%
The U.S. government is reporting that privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,575,000,...
Metro East REIA
Sep 26, 20221 min read
Building Materials Prices Up 14.3% Year-Over-Year
The NAHB’s Eye on Housing recently crunched the numbers from the most recent BLS Producer Price Index, where they found building...
Metro East REIA
Sep 26, 20221 min read
CPI Says Food Prices See Highest Increase Since Carter Years
The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.1% in August,...
Metro East REIA
Sep 26, 20221 min read
Rising Inflation Causing Hardship for Majority of Households
We saw in the news this past week that inflation continues to rear its ugly head. Today’s graphic from Statista illustrates how...
Metro East REIA
Sep 26, 20221 min read
U.S. Foreclosure Starts Reach Pre-Pandemic Levels
According to ATTOM Data’s August 2022 U.S. Foreclosure Market Report, there were a total of 34,501 U.S. properties with foreclosure...
Metro East REIA
Sep 26, 20221 min read
Two-Thirds of Millennials & Gen Z Who Moved Back Home Are Still There
A recent report from LendingTree says 32% of young adults moved back home during the pandemic – two-thirds of which are still there. ...
Metro East REIA
Sep 26, 20221 min read
Providing a Better Housing Option for Seniors
On a recent episode of Real Estate Underground (by Connecticut REIA), hosts Ed Matthews & Rich Brown talks with Deirdre Virvo who is...
Metro East REIA
Sep 12, 20221 min read
HUD Releases 2023 Fair Market Rents
The U.S. Department of Housing and Urban Development announced their new FY 2023 Fair Market Rates (FMR’s) which are used to determine...
Metro East REIA
Sep 12, 20221 min read
FHFA Says Home Prices Up 17.7% from 2021
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices rose 0.1% in June and were up...
Metro East REIA
Sep 12, 20221 min read
Zombie Foreclosures Inch Up in Q3, 2022
According to the ATTOM Data’s Q3 2022 Vacant Property and Zombie Foreclosure Report, there were 1.3 million (1,277,162) residential...
Metro East REIA
Sep 6, 20221 min read
U.S. Construction Spending Down 0.4% in July
The U.S. government is reporting that total construction spending in July, 2022 was at a seasonally adjusted annual rate of $1,777.3...
Metro East REIA
Sep 6, 20221 min read
Pending Home Sales Down 1% in July
The National Association of Realtors is reporting that pending home sales were down 1% in July, 2022. The NAR’s Pending Home Sales Index...
Metro East REIA
Aug 29, 20221 min read
New Single-Family Home Sales Down 12.6% in July
The U.S. Government is reporting that sales of new single-family houses in July, 2022 were at a seasonally adjusted annual rate of 511k,...
Metro East REIA
Aug 29, 20221 min read
HELOCs are “Raging Back”
A recent report on HousingWire says a combination of rising home values and the fact that nearly two-thirds of borrowers with at least...
Metro East REIA
Aug 29, 20221 min read
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